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How To Build 50,000 New Colleges
by MulaiAzhagi Thu Feb 23, 2012 3:38 pm
The article compares the growth of higher education in China versus India to make the point: “In 2000, 8 percent of China’s youth went on to college, compared with 10 percent in India. By 2007, China’s enrollment rate had risen to 23 percent versus 12 percent in India.”
And Panagariya concludes that the reason for this is, “The Chinese don’t worry so much about these issues of quality. [They just say] we need to provide some education.”
In other words the Chinese have been more willing to embrace disruption, as they have truly understood that that’s the way they will scale affordable and accessible models to serve their population. The alternative—nothing at all—is a non-starter.
The decade-old Indian School of Business (ISB), found the accreditation process so burdensome that the nonprofit school skipped it entirely. Ironically, the ISB is one of the few world-class institutions of higher education in India. No Indian school made this year’s Times Higher Education ranking of the world’s top 200 universities. But the ISB took No. 13 on a Financial Times list of global MBA programs. Yet it cannot grant MBA degrees—instead it awards certificates—as a penalty for its independence.”
Clearly it would seem that maybe a degree in and of itself isn’t so important. A certificate can be just fine.
http://www.forbes.com/sites/michaelhorn/2012/02/22/how-to-build-50000-new-colleges/
And Panagariya concludes that the reason for this is, “The Chinese don’t worry so much about these issues of quality. [They just say] we need to provide some education.”
In other words the Chinese have been more willing to embrace disruption, as they have truly understood that that’s the way they will scale affordable and accessible models to serve their population. The alternative—nothing at all—is a non-starter.
The decade-old Indian School of Business (ISB), found the accreditation process so burdensome that the nonprofit school skipped it entirely. Ironically, the ISB is one of the few world-class institutions of higher education in India. No Indian school made this year’s Times Higher Education ranking of the world’s top 200 universities. But the ISB took No. 13 on a Financial Times list of global MBA programs. Yet it cannot grant MBA degrees—instead it awards certificates—as a penalty for its independence.”
Clearly it would seem that maybe a degree in and of itself isn’t so important. A certificate can be just fine.
http://www.forbes.com/sites/michaelhorn/2012/02/22/how-to-build-50000-new-colleges/
MulaiAzhagi- Posts : 1254
Join date : 2011-12-20
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