Good Read: Mark Cuban on “The Coming Meltdown of Education”
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by Mark Cuban | filed under Changing Education | blogmaverick.com
When a leader in business innovation speaks to the future of education it might be a good idea to hear him out.
By comparing the rise and fall of the housing market with observations in education, Cuban describes a future collapse of education that our schools, the job market, and the future economic stability of our country cannot afford.
“At some point potential students will realize that they can’t flip their student loans for a job in 4 years. In fact they will realize that college may be the option for fun and entertainment, but not for education. Prices for traditional higher education will skyrocket so high over the next several years that potential students will start to make their way to non accredited institutions.”
“As an employer I want the best prepared and qualified employees. I could care less if the source of their education was accredited by a bunch of old men and women who think they know what is best for the world. I want people who can do the job. I want the best and brightest. Not a piece of paper.”
Mark Cuban is the owner of the National Basketball Association’s Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network HDNet. He is also a “shark” investor on the television series Shark Tank. In 2011, Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his life experiences in business and sports.