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We've already gone through an entire cycle of technology-driven higher education disruption... ever heard of an online degree? Many such online schools have mad
by hammock 4y ago
We've already gone through an entire cycle of technology-driven higher education disruption... ever heard of an online degree? Many such online schools have made billions and lost it again by now.
Separately, the accreditation scheme upholds a high barrier to entry for disruptors. Specifically, a school must be accredited (gatekept by the US Ed Dept) for matriculating students to be eligible for government financial aid.
- nradov 4y agoIs the accreditation scheme really a high barrier to entry? Several new institutions of higher education have gained accreditation in recent years. There is some paperwork and hassle involved, but we've got to have quality control to prevent scammers from taking advantage of students and taxpayers. Accreditation doesn't prevent schools from adopting disruptive technologies.
- Turing_Machine 4y ago> There is some paperwork and hassle involved There is a LOT of paperwork and hassle involved. Also years of time. It's enough of a hassle that some new institutions have found it worth their while to buy out a bankrupt school that already has accreditation rather than starting the process from scratch.
- clintonb 4y ago> There is some paperwork and hassle involved... Tell me you've never looked into tried to get a school accredited without telling me. /s Accreditation is a multi-year effort, and institutions do not necessarily receive accreditation on their first attempt. > Accreditation doesn't prevent schools from adopting disruptive technologies. Disruptive technologies don't matter if the market doesn't believe your degree is worth the paper it's printed on. If your school is not accredited, students may find it difficult to transfer credits or apply to graduate programs. Additionally, students cannot use federal aid—grants or loans—for non-accredited programs. > Is the accreditation scheme really a high barrier to entry? Yes. Yes, it is.
- rahimnathwani 4y agoYup, accreditation is a high barrier to entry. Make School failed to get accreditation. I doubt Make School is worse than the worst accredited university.
- idontpost 4y ago