NATHAN HARDEN writing the American Interest
Editors Note: Every parent of the graduating seniors should read and consider this article.
In fifty years, if not much sooner, half of the roughly 4,500 colleges and universities now operating in the United States will have ceased to exist. The technology driving this change is already at work, and nothing can stop it. The future looks like this: Access to college-level education will be free for everyone; the residential college campus will become largely obsolete; tens of thousands of professors will lose their jobs; the bachelor’s degree will become increasingly irrelevant; and ten years from now Harvard will enroll ten million students.
We’ve all heard plenty about the “college bubble” in recent years. Student loan debt is at an all-time high—an average of more than $23,000 per graduate by some counts—and tuition costs continue to rise at a rate far outpacing inflation, as they have for decades. Credential inflation is devaluing the college degree, making graduate degrees, and the greater debt required to pay for them, increasingly necessary for many people to maintain the standard of living they experienced growing up in their parents’ homes. Students are defaulting on their loans at an unprecedented rate, too, partly a function of an economy short on entry-level professional positions. Yet, as with all bubbles, there’s a persistent public belief in the value of something, and that faith in the college degree has kept demand high.
The figures are alarming, the anecdotes downright depressing. But the real story of the American higher-education bubble has little to do with individual students and their debts or employment problems. The most important part of the college bubble story—the one we will soon be hearing much more about—concerns the impending financial collapse of numerous private colleges and universities and the likely shrinkage of many public ones. And when that bubble bursts, it will end a system of higher education that, for all of its history, has been steeped in a culture of exclusivity. Then we’ll see the birth of something entirely new as we accept one central and unavoidable fact: The college classroom is about to go virtual.
You can read the rest of this important article HERE.
Daniel Price, Grass Valley, Rhodes Scholar
The Sacramento Bee has the story:
UC Berkeley student from Grass Valley named as Rhodes Scholar
A Grass Valley resident is one of 32 university students nationwide who will be going to University of Oxford in England next fall on a Rhodes scholarship.
Daniel A. Price, 21, had a feast with friends and popped champagne Saturday night, after learning he was named a Rhodes Scholar. The senior at University of California, Berkeley, will pursue a master’s degree in bioengineering, with a focus on medical devices and global health.
“It hasn’t even settled in yet,” Price said from Berkeley on Sunday afternoon. “I never considered it as a reality. My friends and family were encouraging, but I was telling them not to get my hopes up.”
Price will graduate from UC Berkeley in spring with a bachelor’s of science degree in bioengineering, and one in electrical engineering and computer sciences. He also has a minor in physics.
A 2009 graduate of Bear River High School in Grass Valley, Price said he phoned his parents, Eric and Dana Price of Grass Valley, with news of the award Saturday night.
In 2009 Daniel Price competed in the SESF Sponsored TechTest2009. He was award a second place merit scholarship of $4,000 dollars. Congratulation to Daniel Price on being selected a Rhodes Scholar.
Following Cards were received from TechTest2012 Winners:
This is from the Union May 31, 2012
Tech Test Jr, TechTest2013
The TechTest2012 Survivors Breakfast was held on the 25th of May at Tofinelli’s in Grass Valley. Students, Parents, Teachers and SESF Board Members gather to celebrate the completion of TechTest2012. A special guest this year was Joe Fenner who was the top TechTestJr performer, from the Seven Hills Middle School.
Here are some picture of the event starting with the TechTest Junior Survivors, who took the test for practice.
Here are is a picture the Senior Survivors who competed for the top scholarship grants in 2012.
The three top TechTest2012 performers are shown here, who was the top winner will be announced at Award Night in June.
Finally here is Joe Fenner in the blue shirt and his parents Greg and Sue Fenner, Nancy Knaus wife of Board Member Ron Knaus listening to the author tell Nevada County economic war stories.
Update 05-27-12, 20:00) Board Member George Rebane has posted more photos and additional commentary at Rebane’s Ruminations. (Photos by Jo Ann Rebane)
Mike McDaniel’s reports:
The 2012 TechTest Survivor Breakfast is schedule for 8:30 am Friday May 25th at Tofanelli’s in Grass Valley.
All Survivors are invited to attend.
TechTest2012 Questions with the Answers have been posted under the TechTest navigation button above.