05 June 2009

Universities Exist for Themselves, Not for Students

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Surprising Facts About Some of the World's Most Successful Failures
  • 1. The richest man in the world twelve years running, Bill Gates, with a net worth of $52 billion, is a dropout.
  • 2. Four of the ten richest people in the world are dropouts (number 1, Bill Gates; number 6, Sheldon Adelson, worth $26 billion; number 8, Amancio Ortega, worth $24 billion, Li Ka-shing, worth 23 billion).
  • 3. The world’s wealthiest high school dropout is Li Ka-shing.
  • 4. Four out of five of America’s richest people are dropouts (number 1, Bill Gates; number 3, Sheldon Adelson; number 4, Lawrence Ellison, $19.5 billion; number 5, Paul Allen, 16 billion).
  • 5. America’s richest elementary school dropout, the late H.L. Hunt, was worth billions.
  • 6. America’s richest high school dropout, J.R. Simplot, is worth $3.2 billion.
  • 7. America’s richest college dropout is Bill Gates.
  • 8. Asia’s richest resident, Li Ka-shing, is a high school dropout.
  • 9. Argentina's sole billionaire, Gregorio Perez, worth $1.7 billion, is a high school dropout.
  • 10. Spain’s richest resident, Amancio Ortega, worth $14.8 billion, is a high school dropout.
  • 11. There are 68 billionaires who are dropouts and numerous millionaires.
  • 12. Many of the world’s greatest inventions were developed by dropouts, including television, radio, airplanes, cars, motion pictures, the incandescent light bulb, the car stereo tape deck, the gas mask, the traffic signal, earmuffs, the game of basketball, the sewing machine—and many more. _MillionaireDropouts
Billionaire College Dropouts

CEOs Without Degrees

The idea that a person must graduate from college before he can make something of himself is a fairly recent idea -- and a crock of excrement. University educations are taking a bigger bite of a family's budget, and offering less and less in return. The faculty and staff at too many universities have decided that it is their job to shape you and your children in their own image, while charging you an arm and a leg to do it.

Most university degrees are worth less than the paper on which the diploma is Kinko'd. It may be time to consider the alternatives to the expensive indoctrination camps they call "universities."

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4 Comments:

Blogger Loren said...

I still don't do well by myself. having someone walk me through it a couple of times works best for me, so I need an interactive teacher, rather than a video. Videos are nice, but a lot of people will still need someone to hold their hands.

Friday, 05 June, 2009  
Blogger al fin said...

You seem to be talking about some type of apprenticeship system, rather than the huge mega university-industrial complex we have now, Loren.

Most meaningful learning takes place via a quasi-apprenticeship.

Out of the millions of methods of teaching, videos are only one. A more expansive view of education is badly needed.

Saturday, 06 June, 2009  
Anonymous Anonymous said...

A commenter on one of my former favorite sites claimed that higher ed was the next bubble to burst.

Tuesday, 09 June, 2009  
Blogger Unknown said...

I have often wondered If person A attends college and person B were to invest the same amount of money person A invested in college in starting a business (say an HVAC company). Would person A feel stupid while living (almost broke)in the Baltimore area while his brother (person B) is a millionaire living in Hawaii?

Friday, 12 June, 2009  

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“During times of universal deceit, telling the truth becomes a revolutionary act” _George Orwell

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