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Aug 8, 2012
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Dean: Sir, the for-profits are just cleaning up on government subsidies! Take Strayer University... in '09, they spent $1,300 per student on instruction, $2,500 on marketing and $4,500 on profit! And a third of the students are gone within a year! Yet Rob Silberman, the CEO, was paid over $41 million! Fifty times more than Harvard's president! What's wrong with this picture? President: I'm not in it. Dean: Oh... so you agree we need a new model?
Aug 10, 2012
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