Lumina President Jamie Merisotis discusses how a redesign of higher education is necessary in order to make it more affordable and accessible in this video from Nightly Business Report.
Save it for OPRAH. I call him and his company out. All his high paid lobbyists in Washington are doing is trying to take money out of public education to fund his for profit schools. His company has targeted the poor and disabled student populations and we intend to stop him (legally).
It is a national embarrassment that so many qualified and deserving citizens are priced out of a college education. Jamie Merisotis is right on target – it is imperative that something must be done – and done soon.
One way to lower the cost to students and to institutions is a 120-credit competency-based Integrated 3-year degree done in 6 semesters with no summer school or intersessions needed. A highly successful proven model exists and is featured in the new book, Saving Higher Education: The Integrated, Competency-Based Three-Year Bachelor’s Degree Program. http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470888199.html.
Such a degree not only saves students 25% of their college expenses, but can save institutions almost that much in delivery costs. Combined with Lumina’s Degree Qualification Profile and their Tuning initiative, an Integrated 3-year degree program can go a long way toward providing greater access to a high-quality competency-based affordable college education.