A creative dad and playful thinker. Also the founder of a couple of really fun companies.
Thursday, 16 August 2012
The tomorrow of education.
This month, we hired a couple of Assistant Producers in our NY studio. Both interviewed well, with fairly impressive degrees, so we were pleased to offer them contracts. After less than two weeks, we had to fire both of them due to jaw-droppingly unprofessional behaviour: one decided that 'work' was a philosophically subjective term that he could, and should, define himself; the other decided she was a creative expert at 22 years old, and proceeded to inform us of how we need to run the company. This is, supposedly, during a recession.
In a separate observation, I recently read that over the last 30 years, the cost of a college degree in America has risen by over 500% compared to inflation. The average college education in America will cost $80,000 over four years, but frankly, that's including a lot of colleges where the degree is as valuable as used toilet paper. For any decent college, you're looking at $40k a year, once you factor in room and board, etc. Great Britain is heading the same the way. And unlike primary and secondary school fees, there are very few degrees that will actually benefit a student financially.
It's an old observation, but universities don't produce great workers. Personally, I'm a college dropout, get to run a pretty decent little business, and I don't see how my two and a half years at a pretty decent university helped me any more than a 3-month spring break would've done. Obviously, there are plenty of great workers with degrees, but I think they would have been great workers without the degree. College seems to blunt work ethic, instead of sharpening it. Unless you're going to be a surgeon or a lawyer (which of course requires 4 more years of education, so potentially $400,000 in various expenses), I don't see the value.
I'm so skeptical about college I've told my children that when they turn eighteen they'll have a choice. They can get a job (I still don't know why my generation was discouraged from this). They can start a business (with me as the seed investor). Or, they can go to college... provided they have a real passion for their intended major, get straight A's, and can make a business case for it, too - I certainly won't be funding any 'English Literature' or 'Media Studies' degrees.
That might seem draconian, but I'm not the only one that sees the need for change. There is a revolution taking place in education, with the emphasis on providing more for less. Technology could change education the way it's changed so many other things in our lives.
I've recently watched several clips which suggest the tomorrow of education could, and should, be very different from today. This little blog is meant to introduce those clips.
The first is about the Khan Academy, and if you have a child who is between 8 and 18, and if you aren't using the Khan Academy website to help them with their homework, you need to watch this clip immediately.
The second is about Coursera, which is providing online courses from the world's best professors at universities like Stanford, Princeton, Duke, UC Berkeley, and others... for free!!! These aren't just videos of college courses, you take tests and, in some cases, get college credit for them, too. Watch this clip and it explains everything. "And then like, yo dude, if you wanna hang in class this fall, I'm taking this class at Duke University!"
Finally, there is this story about the entrepreneur who is paying promising young people a $100,000 salary NOT to finish their degree, and to come work for him instead. Unfortunately, you need to be in the states or have an ISP blocker to watch the video, but the article is pretty good, too.
So maybe I won't have to give my kids that choice. Maybe they'll be able to get a job or start up a company, and take online courses at night which allows them to get a degree from Princeton in their spare time. That way when they tell someone how to run a company when they're 22, they'll be doing so with a bit of experience!
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I think this is my favorite of your pieces. It's also the shortest, I think. ;) I don't disagree with the idea that the delivery of higher education would benefit from some alterations. At the rate tuition hikes are going, it will be increasingly difficult to justify a traditional, "well-rounded," four-year degree. In California, many top students are being encouraged to get their basics out of the way at community colleges and transfer into the UC or CSU system for coursework directly tied to major. That's mainly because the UC and CSU systems aren't equipped to handle the number of incoming students otherwise. I do have to take some issue with your argument though. It sounds to me like you only value the contributions of business owners (and maybe doctors and lawyers). I know that can't be true so perhaps you want to clarify the point. What if one of your children wants to be an English teacher? Surely, you must think they need some advanced education in English literature and writing? or do you really think anyone can do that? Anyone determined enough to make a study of writing could probably develop the skills to be a novelist, but formal study would valuable for most. Not everyone has the innate drive and ambition to pursue their interests solo, but that doesn't mean they can't become successful in the field through formal study and practical experience. Everyone can't be an entrepreneur, trekking into the great blue yonder. As an aside, we usually have student interns in my office and I am frequently stunned by their jaw-droppingly unprofessional behavior and dress. Back in my day, we walked 10 miles to work in nicely pressed business casual.
ReplyDeleteHi Catherine, it's a great point, and as someone who loves literature and poetry, it's one that resonates for me. And you're right, I don't only value the contribution of business owners. The grander point I'm making, however, is that a college degree is a business deal, and often a poor one. You're paying for the degree in order to secure a future, and not only is that future no longer secured by that degree, I question whether that future isn't actively sabotaged by gaining the self-centred and spoiled view of the world many graduates seem to obtain.
DeleteAs to your specific point on education, I may not know enough about the field to answer it well, but I'll share my assumptions and thoughts. My assumption is that, with the dearth of good teachers and the growth of programmes like KIPP, you don't need a $40k per year degree to get a good job. So my present thinking would be that, as in option three, I would only fund it if they were passionate about it, got straight A's and could make a financial case for the return on investment. If they couldn't make the financial case for it, then yes, I think they ought to do something with their life which doesn't require a degree, or work out a way to fund it themselves.
As to the broader point of the value of a college degree, in London the average plumber with a few months' trade school and just 2 years' experience makes over $100,000 a year, and more and more trades provide this sort of income. If someone doesn't have the passion or drive to pursue a degree, perhaps they should get this sort of job. To paraphrase MLK, we need street sweepers, too.
However, within innate drive and ambition, I honestly think we all do have the ambition to follow our dreams, if we will. I think fear keeps us from doing it, not a lack of drive. When someone hasn't figured out their ambition in life, I think they're better served getting a job that doesn't require their full mental engagement, like a trade. I think the income is more likely to reduce their fear and allow their passion to unfold before them. I know many people who are charity volunteers and do other amazing things that only realised their purpose in life because they had a less demanding job that afforded them the mental bandwidth to choose that journey. I think it's better to wait, and let one's purpose unfold before oneself, instead of trying to force it by going to college without the ambition and passion to warrant the expense.
You seem to have made some fair points here and have an obviously thorough concept of the values of education. What is also striking is that your kids have an incredibly passionate, dedicated father who is helping them tremendously in their development.
ReplyDeleteSomething that struck me however is that you seem to poo-hoo education in creative fields (Literature and Media Studies) and yet you have no doubt built up your own business and fortunes (being a home owner, being able to afford to take your kids to significant international destinations), by employing skilled graduates from such creative educational backgrounds. Without the popularity of such vocational education and the swathes of people being trained in these fields, your business wouldn't exist.
So, on one hand you surely must value such education, as I presume you value your workforce?
Good question. Interestingly, of the top 6 creative people in my company, 3 don't have degrees. So whilst I didn't think of this when writing the blog, it illustrates the point perfectly. A degree is not the only way to become successful.
DeleteTo be clear, I never meant to "poo-hoo education", only to illustrate that's it's not the panacea many seem to think. And sometimes, it's a terrible financial trade off. For some people, they'd do better by working.
And of course, some really benefit from that education, and find it to be a great financial investment, too.
Thank you for the kinds words about my approach to fatherhood.