Professor Mark J. Perry's Blog for Economics and Finance
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Item 5.Correction: It's not WGU, it's New Charter University.
5. Western Governors University Sets $199-a-Month Tuition for As Many Online Courses As a Student Can Finish in 4 Months.Great. Kids who choose to work after high-school can take a few courses and get useful experience that will make them competent, marketable skills that will make them competitive, and a degree that will allow for the right signals to be sent to employers.
Great. Kids who choose to work after high-school can take a few courses and get useful experience that will make them competent, marketable skills that will make them competitive, and a degree that will allow for the right signals to be sent to employers. Yes of course. That's only bad when it happens at schools you don't like (like the ones where your brilliant Mises dot org authors work at). All of a sudden, classes are "useful experience" in your book. Before, they were a waste of time. Actually, at 200 bucks a month, for classes in a non-accredited online school no one has ever heard of...you're getting scammed out of your money. But most of those schools are scams, anyway. So what is the "signal" you are sending to the market?
Its even got 60 days money back assurance! lol. Actually, I think the best commercial for these types of useless scam schools was one where they said "come register, and we'll give you a free t-shirt!". Wow...a free t-shirt and all I had to do was sign up for "college"?Guys, seriously. You don't think the concept of "you get what you pay for", applies here? It applies to everything else in the economy, except apparently here?
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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