Friday, December 3, 2010

College Inc.

-The College Grand Canyon University was put onto the stock market
-Micheal
-was into drugs but someone read him the bible and he became a christian
-his mentor told him to go back to school
-decided to go buy a university
-he wrote a book on how to run a college
-people are coming back to school to get a better education because the economy is going down
-one of Micheal's friends started up his own colleges and ran them like corporations
-the university could come up with new courses in days
-they designed the courses to the customers
-they went into the stock market and went up tons
-grand canyon was one of the best examples
-40 000 students are now there
-most of the students are doing their classes online
-its 400-500 cr/hr
-some schools have tried to make profit rather than give the people a proper education
-they tried to get the salesman to force students to get recruited
-is thinking about investing in a school that is struggling
-many students have more than 10 000 dollars in loans
-many schools are charging students money they will have a really hard time paying back because of high interest levels
-every american will need a full educational degree in 2020

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