Education startups are offering alternatives — from boot camps, to one- or two-year tracks, to accredited degree programs — and their founders say these options will give students a more relevant education in today’s job market, and at a lower price.
But some experts caution against betting on a narrow, practical education geared toward a specific field that is in demand today but could leave them unprepared for the jobs of tomorrow. They also say most applicants still need a college degree from an established institution to get a good job.
Minerva, an accredited four-year university named after the Greek goddess of wisdom, wants to reinvent elite four-year liberal arts education by teaching critical thinking as opposed to “regurgitating information,” founder Ben Nelson said.
“You cannot teach yourself how to think critically, you actually have to go through a structured process,” said Nelson, an energetic, fast-talking 41-year-old, who previously served as president of the photo printing website Snapfish. “What is sad is that wisdom is wasted on the old. Wisdom should be the tool for the young.”
All of Minerva’s classes take place online. The interactive platform is designed to keeps student engaged and allow professors to call on them. Minerva students start school in San Francisco and then spend time in Berlin, Buenos Aires, Argentina, Taipei, Taiwan, and other global hubs, continuing to take online classes and completing hands-on assignments at local companies and organizations.
Cost is $29,000 per year for tuition plus room and board, compared with an average of $20,000 for an in-state public college and $63,000 at Harvard, with which Minerva says it wants to compete. This year, Minerva, boasted an acceptance rate of 1.9 percent, compared with 5.2 percent at Harvard. The nationwide average in 2014 was 66 percent, according to the National Association for College Admission Counseling.
The first class launched in 2014, so it is too early to evaluate graduation and employment rates. Nelson said every single first-year student who chose to work last summer was placed in an internship. Currently, there are over 270 people enrolled at the school.
Mitchell, 21, who transferred to Minerva from the University of Southern California, says the online class experience was stressful at first, but he was impressed by the level of discussion and preparation for the classes. At USC, he said he studied “so much less.” When asked to compare the two, he turned to a metaphor.
“At the USC steakhouse it was the sides, the things that I did outside of the classroom that were really valuable. The steak actually wasn’t prepared very well,” Mitchell said. “At Minerva, the steak that I am paying for is cut perfectly.”
[Source”timesofindia”]
