jimbojones said:
Exactly my point - are degree's dying out in some businesses ? Does anyone have the opposite view to this ??
As the needs of the workplace change, so will training needs. As time goes by, we'll all become independent contractors, and companies won't have real employees per se. That means that we'd better learn skills that are valuable. Education will need to match this model.
Almost two years ago, as a senior manager at a multinational corporation, I attended a planning meeting at which the topic of education came up. Basically, the conclusion was that the company should pay for focused training for which the return on investment (ROI) is almost immediate. It's difficult to justify paying large sums for degrees.
This influenced my thinking when starting up my own company. We designed our courses to be very practical and with a short ROI. I'm betting on the fact that more and more companies will look for courses of this type: very focused, of short duration, and much less expensive.
You are already seeing companies adopting this model. Anne the Donn offers a wide range of online courses. They are "very focused, of short duration, and much less expensive". The courses offered by my company are team-based and demand extensive interaction in the virtual classroom. Again, though, they are "very focused, of short duration, and much less expensive". I'm sure you have come across other companies that fit the same mould.
The one thing that universities offer, however, is credibility. It's tough to overcome the current perception that online courses are scams in the making. For this reason, I've had to partner with universities so we can offer continuing education credits. We also joined the local Better Business Bureau to prove we are a real company that treats customers fairly.
It's exciting, actually. I really feel like we are changing the face of education. I'm sure that education, and the workplace, will be very different in ten years' time.