I have Nancy
Wood as guest
blogger. Please be sure to check out her unique guest post. Guest posts are
always welcome, please contact
Why Elite Universities are Being Forced to Move Forward.
Despite the inflationary costs of higher education, a record number of Americans currently hold Bachelor’s degrees. However, in the midst of the recession, degrees that once opened doors are only opening windows. College graduates are working unpaid internships or accepting low-wage and low-skill jobs, hoping for a better opportunity. To the recent college grad, underemployment is more than a source of dissatisfaction; it is a source of financial hardship. And there is no comfort in the knowledge that fellow graduates share $1 trillion in student loan debt.
But colleges haven’t been unscathed by the recession. Public universities have taken heavy financial hits as state funding has dropped; and with a consumer base that is looking for cost-effective alternatives, many traditional universities are squirming in discomfort as online competitors garner increasing support and legitimacy.
New Path: To Be Determined
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Enjoy your reading!