you're as sharp as your customers. are you really can just stand there and wait to be laid off?
4 replies (most recent on top)
@Anonymous87454, yes there is some truth to your comment. Changes in demographics, technology, and culture are important factors. It's really scary when you look at the analysis by Bain or the predictions of Thomas Frey........................................ http://www.bain.com/Images/BAIN_BRIEF_The_financially_sustainable_university.pdf......................................http://www.nationaljournal.com/next-america/population-2043/the-coming-college-decline-20150114
@Anonymous87454, yes there is some truth to your comment. Changes in demographics, technology, and culture are important factors. It's really scary when you look at the analysis by Bain or the predictions of Thomas Frey........................................ http://www.bain.com/Images/BAIN_BRIEF_The_financially_sustainable_university.pdf......................................http://www.nationaljournal.com/next-america/population-2043/the-coming-college-decline-20150114
This is more of a problem caused by lack of decent jobs and lower starting wages at the few jobs that remain. Every day every radio station and TV show is stuffed full of advertisements to "go to college and fix your life", but in reality 2/3 of college graduates still can't find a living wage job. It is pretty telling that the people who work for these corrupt diploma mills think the solution is for 25 year old adults to mooch off their parents for decades and pay a private company everything they make as 'fair'. Is that really fair to old mom and dad to lose everything that should have gone into their retirement fund? What did they think would happen to the millions inevitably who would incur debt far beyond what they could ever repay when they removed bankruptcy options?
John Sperling went with the gold, and people like Todd S. Nelson. And with Wall Street capital, Apollo Group went the wrong direction. It's not like people didn't say something for years (e.g. John Murphy, a cofounder) but the Sperlings decided that money and power trumped everything else. Apollo Group bought influence and they did everything they could to maximize profits every quarter. They thought that clever marketing, and Ivy League front men, would work--and it did--for a long time.