Moneyball or Moneylearning?
I admit, after nearly 15 years in the field I have grown a bit tired of all the metaphors we try to apply to education. I can’t help but roll my eyes when I hear someone say the No Child Left Behind act forces all kids to jump over a high bar in track, or something like that. For the record, asking all kids to be prepared for college and career is NOT the same as asking random athletic feats of them. Or some advocates claim that education should be more like medicine, that doctors train for years in clinical settings, have a general level of shared content knowledge, and are in touch with the latest research. Yes, doctors study longer, and yes, doctors engage in long, work-based learning that would be a great model for teachers. But news flash: the quality of care you get varies greatly by which doctor you go to. For example, in the pediatric field, some doctors are on board with delayed vaccinations schedules, some are in tune with the latest developments in detecting autism, and some are not. If you get cancer, are you going to just go to your local hospital or are you going to check out all your options, and if you can afford it, get checked out at Sloan Kettering or Mayo Clinic? And yup, low-income families are disadvantaged in health care, too. That being said, when I saw the new movie Moneyball this weekend I couldn’t help but notice the parallels between the film and education. The movie is based on the true story of Billy Beane, a Major League Baseball general manager played by Brad Pitt who built a winning team on a tiny budget by using statistical data to find the best and cheapest players.
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On average, bachelor’s degrees pay off. But a new study confirms that some undergraduate majors pay off a lot more than others. In fact, the difference in earnings potential between one major and another can be more than 300 percent. In fact, the lifetime advantage ranges from $1,090,000 for Engineering majors to $241,000 for Education majors.
Community College Estimated Growth: Fall 2010
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