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Whats the date your guessing all the big University's file bankruptcy?
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BigNorsk
Posted 9/25/2010 12:45 (#1373677 - in reply to #1373553)
Subject: RE: Whats the date your guessing all the big University's file bankruptcy?



Rolla, ND
The big difference is an education and a degree.

You can watch MIT's lectures now. You can over time learn everything a graduate of MIT would know.

However, you would not be even considered for a job for the simple reason you wouldn't have a degree. You couldn't get licensed as an engineer. I'd be shocked if anyone actually gave you a chance.

The degree from MIT has much more commercial value than the education from MIT.

Hence, enrollment at MIT is going to be solid for the foreseeable future.

Dealing with people on the basis of their capabilities as an individual is difficult, so almost no one does it. Certainly not major employers or, in most cases, government. Most professions now have requirements that in order to practice you have to go to a university and get the right degree. Used to be in many of them you could pass a test but they added the degree over the years.

Now if you knew everything already, chances are you could get the degree in less time.

One of the other things learning things by yourself doesn't give you is connections. A lot of people have the job they do because of who, no what they know. Or their ties to a common organization, like fraternities or universities. Having the knowledge is fine, but the guy making the decision is going to give the position to his frat brother who's major accomplishment in college was surviving initiation.
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