As you may know, I have been applying for 5 years for teaching positions at universities. I was just turned down again by a Bethel college located in a small city in western Kansas. It is the 21st or 22nd rejection I can not remember which.
I only divulge this information in the interest of full disclosure because I wish to continue my ranting on the education system with no clandestine conflict of interest. Most business schools want a PhD for a minimum academic credential. In pure academic circles, it is called the terminal degree.
For me, the minimum credential for teaching in a business school is to have been a founder of a successful business that went public, e.g. had an IPO, as they say. Without this experience, business professors are only teaching what they believe to be true with no genuine experience. This is like a doctor, who had never set a bone, teaching students how to be an orthopedic surgeon. But that is just the icing on the cake of university criticism.
When universities continue to pay coaches $3 million per year and wonderful math instructors $85,000 per year, we get what we pay for, e.g. a platform for university athletics instead of a platform for engineers and scientists. As a result, ESPN is driving more educational agendas than the national need for educating smart people with genuine skills to solve critical national problems. No one seems to care. It is a slippery slope that we are all sliding down.
It is changing.
Coursera the VC backed on-line education company in California is about to receive college accreditation for its courses from the National Accreditation Academy.
As these accreditation gates open, college education will go totally blind from its own lack of foresight.
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