Saturday, April 6, 2019

On-Line Ed

I am going to teach the South American republics to elect good men!--Woodrow Wilson

Ned is off to Germany. He is giving a talk on Data from his MIT gig and then is going to work remotely for Google in Berlin.

True diversity is more than difference in clothing or accent, it is a basic alternative to the direction of life. As such, diversity is not the product of freedom, it is its battlefield. It is the source of the true "dialectic." Regrettably for many, competition solves diversity. To survive, a diverse population must bring value, otherwise they become dependent on the sensibilities of the majority. (A zoo is diverse.)  What most people see as diversity in a culture is mere flavoring.

And this happy dialectic thought from a Catholic Cardinal: Vatican Cardinal Robert Sarah warns that the “west will disappear” as a result of mass migration, adding that “Islam will invade the world” and “completely change culture, anthropology, and moral vision.” Sarah’s new book, Evening Draws Near and the Day is Nearly Over, is causing controversy in Europe because it explicitly identifies Muslim migration as a harbinger of the continent’s collapse. “If the West continues in this fatal way, there is a great risk that, due to a lack of birth, it will disappear, invaded by foreigners, just as Rome has been invaded by barbarians,” said Sarah, adding, “My country is predominantly Muslim. I think I know what reality I’m talking about.” The Cardinal also blamed the European Union for its “desire to globalize the world, ridding it of nations with their distinctive characteristics,” labeling the move “sheer madness”. “The Brussels Commission thinks only about building a free market in the service of the great financial powers,” he continued. “The European Union no longer protects the peoples within it. It protects the banks.”
Where this puts him with the liberation theology Pope, I do not know. But it pales before the specter of hugging politicians.

If the Pens lose and Carolina wins tonight, the Pens are a wild card and open against Washington.


A few days into the season and I have seen two things by the Pirates I have never seen before in baseball. Last year there were a lot but, with Polanco out, there will be fewer. And another unique moment last night. Some of these plays are so bizarre they would take five minutes to explain.



Aristides Capital’s Chris Brown included this thought in his monthly investor letter:  “The yield curve inverted this month, portending a high-likelihood of recession within the next two years, so I am unexcited about cyclicals and financials here, while growth stocks remain historically expensive relative to value, so it’s hard to be excited about them either. We’re at a point in the economic cycle where even completely fraudulent companies can sport a $100 million to $300 million market cap, and money-losing companies can be worth billions or tens of billions. It’s a good time to find shorts.” (Shorting stocks is a really bad idea.)  

On this day in 1830, the Mormon Church was established.

                                        On-Line Ed

There has been an evolution in higher education which, if allowed to develop on its own, might well have solved the financial crisis that traditional education has precipitated. But, according to  recent article by Kevin Carey, that did not happen.


The answer was online learning. The technology is improved, the courses creative and all the big name got involved. But most important, the technology is cheap: No buildings, no facilities, and scale-able class size allows for low overhead and high access.

So why aren't we flooded with affordable education? Because the colleges all charge the same for online courses as they do for on campus classes. And they outsource the running of the program to for profit companies called online program managers, or OPMs, and these guys take up to 60% of the revenue.
One of the few serious colleges that have tried to keep costs down is Georgia Institute of Technology. Georgia Tech sets a price that allows it to break even—currently, $6,600. This is the eighth computer science program in the U.S. according to   U.S. News & World Report.

So....

The Real Cost Of An Online Degree
#8
Georgia Tech $6,600
Charges students at cost
#13
Columbia
University $64,595  
  • #20University of Southern 
  • Calif              California:  $60,150     

  • #25Johns Hopkins University: $42,500
  • #43North Carolina State: $49,197
  • #68Syracuse: $46,770
  • not rankedLouisville: $21,420
So, where is the famous down-pressure of price following the down-pressure of costs?

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