More than 40 years ago, I started working at Price Waterhouse (now PricewaterhouseCoopers, or PwC). Even though I was on the consulting track, I was encouraged to sit for the Certified Public Accountant (CPA) exam and become a licensed CPA. Having this license, along with an MBA, boosted my career and I subsequently served as CFO at five different companies over the years.
On September 12, 2015, the White House released its long-awaited College Scorecard and, much like other ranking and comparison tools available for use by students, the Scorecard came up short in representing all institutions fairly. While it may have been created with the latest mobile technology to allow for easier access, its data do not accurately portray many institutions, including those serving non-traditional students or where most students do not use federal student aid (FSA) to cover the cost of tuition.
Pilot Program Forces Discussion of Online Learning, MOOCs, Student Retention, and the Future of Higher Education
Earlier this week, the California State University System (CSU) announced an online pilot program with Udacity, a for-profit provider of MOOCs (Massively Open Online Courses). Udacity will provide a remedial algebra course, a college level algebra course, and a statistics course as part of the pilot that will initially be limited to 300 students at San Jose State University and several local community colleges.