The future of higher education

Read a brilliant blog by Marc Cuban  about the state of higher education. Take it from an insider: you don’t have to go to college to be successful.


University of Texas Main TowerI have been a college professor for 16 years, and I often ponder how the benefits of a college education exceed the costs.

First, the costs:

  • Four (or more) years of your life.
  • A lot of money, especially in a private University.
  • The opportunity costs – money you would have made if you had been working instead of attending classes.

The benefits really depend on a student’s school and major.  Many majors (such as accounting and engineering) yield financially plum jobs after graduation.  I see the benefits.  Many other majors (such as social work, education or nursing) yield emotionally rewarding jobs after graduation.  Again, I can see the benefits.

But many students wander through college trying to find themselves, trying perhaps to discover some passion that they didn’t know that they had, be it for teaching, the sciences, or the arts – such passion could lead to extraordinary achievements and…

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About Mark P. Holtzman

Chair of Accounting Department at Seton Hall University. PhD from The University of Texas at Austin. Worked at Deloitte's New York Office. BSBA from Hofstra University.

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