About 'lincoln university admissions'|Snippets of Lincoln and Denver
College: To Go or Not To Go? In recent years, as students flood campuses across the nation during back-to-school season, there has been a growing trend to question whether college education is worth the money or not-and the media has been drinking plenty of this kool-aid from skip-college advocates. The rising cost of college, year-on-year, amidst an increasingly difficult job market, has served as the biggest argument for college-detractors. According to the College Board's 2010 Trends in College Pricing report, "over the decade from 2000‑01 to 2010‑11, published tuition and fees at public four-year colleges and universities increased at an average rate of 5.6% per year beyond the rate of general inflation. This growth rate led the price to increase from 22% of the average tuition and fees at private nonprofit four-year institutions to 28% over the decade". These figures are often used to support the notion that the cost of a postsecondary degree far outweighs the value and benefits it provides. With the national poverty line at $22,113 2010 for a family of four, Census reports that 46.2 million people now live in poverty in the United States, the peak in 52 years! While some may view education as a panacea for poverty (the rate of which has not been as high as it is now in 27 years), it is only one first step towards reducing income inequalities. In times when so many have yet to gain access to educational opportunities due to socio-economic limitations, the last voice anyone needs to hear is one that advises not to bother with postsecondary education, misguidedly suggesting it is not worth the money. Reversing the drop in both college enrollment and completion rates by low- and moderate-income high school graduates is critical for the nation's ability to compete in a global economy. Another irrational argument used by "skip-college advocates" is the notion that if you are set for life, then you don't need college; the idea being: you already have that which you would be going to college for: money. Without even getting into why money alone should not be anyone's single criterion for a career choice, nothing could be further from the truth. The debate on education and its value must go beyond cost and financial returns, to include nonmonetary benefits-including more engaged parents and citizens, leading healthier and productive lifestyles, reducing health care costs for individuals and for society- not to mention the increase in tax revenues for federal, state and local government, and the reduction in income support burdens resulting from a greater population of college graduates. Dr. Anthony P. Carnevale (Director of the Georgetown University Center on Education and the Workforce) was recently quoted as saying "if you're Bill Gates or Lebron James, drop out!" So I made it a point to follow up on this statement with him. He clarified, "that comment was more humoristic response than a real advice for anyone". "It's hard to argue with people about the exceptionally gifted not needing to go to college" he explained, but we have seen enough gifted people fall from grace and stardom to rags, simply because they failed to realize that unlike most people, they are merely given the opportunity to make in a usually short career span-generally lasting up to a decade on average-amounts of money which take normally take an entire lifetime to accumulate. As is often the case, these are overnight millionaires, propelled to celebrity-status, rising from deep poverty without the simplest notions of wealth management, career planning or even success management. Most importantly, they often also lack the basic ability to manage their very own success, maximize revenue and keep their circles from getting bloated with parasitic-friends. All these skills are best acquired and traditionally honed on the college field. The truth is, the rich and famous, as much as the poor, and all across the spectrum, need college, if for no other purposes, at least to learn how to manage and maximize their success, fame and fortune. Otherwise one risks falling from grace. The business, entertainment and sports worlds are littered with such cases... A more visible representation of this sad reality includes armed force members returned from deployment and soon after turned-homeless, not having gained elementary financial literacy, and decision-making and problem-solving and other basic skills-all of which are naturally built into any college experience. The lesson from these negative turns is simple: the consequences of not having the necessary skills to make sound financial, professional and social decisions can be devastating. If for no other reason, the rich and famous at least need the college experience as a prelude to and preparation for real life challenges. Beside the mastery of a particular discipline, a college education provides a framework for effective personal, career, financial management skills, among a sea of others. College does not hinder the entrepreneurial mind; quite the contrary, the mix of theories and applications, amidst simulations and business planning competitions, actually is an ideal intellectual stimulant and a sure startup Launchpad. No wonder the nation's most innovative businesses, including Google, Facebook, Microsoft, Dell, Napster, WordPress and even FedEx, were born out of college dorm rooms. Dr. Carnevale is also prompt to caution, "even if you think you're Bill Gates or Lebron James, if you decide that you don't need college, you are taking great risks" by going without it . "HELP WANTED - Projections of JOBS and EDUCATION REQUIREMENTS Through 2018" a report he co-authored in 2010 with Nicole Smith and Jeff Strohl, forecasts that by 2018, nearly 2 out of 3 US job openings-precisely 63%-will require some sort of post-secondary degree. As much as Carnavale concedes the fact that there are college graduates who "end up in the gutter" as he puts it, he also cautions that the well-off and exceptionally gifted should not look down on college as unnecessary. And they seem to be listening. Thankfully, the trend, even among the most famous and gifted, young and old alike, suggests college education is worth the money even for the well-off. Media Mogul Oprah Winfrey (B.A. in Speech and Drama) attended Tennessee State University on a full scholarship. Philanthropist and investment tycoon Warren Buffett worked full time while attending University of Nebraska-Lincoln, graduating in only three years. Though undecided about what to concentrate on, Basketball giant Shaquille O'Neal attended Louisiana State University, earning a B.A. in General Studies. "Twilight" star Dakota Fanning is reportedly attending New York University as of fall 2011. Even Successful Businessmen, the Rich and Famous See Value in College Education Bill Gates certainly does not think (nor say) education is not worth the money, given the $310,650,000 dollars invested in 2010, in the form of educational grants, college and graduate school scholarships, by the Bill & Melinda Gates Foundation, to help particularly the less fortunate prepare for and access opportunities needed for success, and improve college readiness and college completion in the US. The Gates' Foundation backs this commitment with similarly significant investments in education around the world, particularly in developing nations. Proponents of the argument that the gifted and well-off need no college also fail to see that the common trait between Bill Gates, Steve Jobs, Larry Page, Mark Zuckerburg, Magic Johnson, Russell Simmons and all other successful college dropouts out there, however gifted in their own disciple, have the wisdom and humility to see that they lack necessary expertise and know-how in vast other areas that can directly impact their success, whether it's finance, tax or legal matters, or just adequate business acumen. Therefore, these geniuses divest themselves of any and all non-core activities and do whatever necessary to compensate for their limited (insight) in other non-core areas of expertise, by surrounding themselves with entire teams of (yes, you guessed it!) college-educated, smart and proven experts, who are solely tasked with effectively handling aspects that may be non-core but critical for success and staying out of trouble. For business entities, this approach equates to business process outsourcing. It leaves the gifted ample room to focus their energy on areas where they have competitive advantage while performing exceptionally. What is even less obvious to anti-college proponents is the fact that most of these entrepreneurs have exceptional self-awareness and discipline, and rely a great deal on autodidactism, a path to self-education or self-learning. Far from negating the value of education, they greatly treasure it, for unique reasons (mostly due pressing startup realities and the necessity to grow a new venture), they are almost forced by business circumstances or guided by their own drive and foresightedness to educate themselves, in unusual ways, in hosts of areas where they feel expertise is required for success. They also never fail to recognize their own limitations, knowing that autodidactism only can only get them so far, given its one-dimensional and less interactive nature. They require complementing their learnings from industry experts, in formal and informal settings-most fittingly in classrooms, case studies or simulations. Thus, they often validate and complement their gut instincts with data-driven business strategies, expert and proven guidance and instruction from degreed experts. It is no wonder that Bill Gates is backing the Khan Academy, a free online educational resource that describes itself as a "library of over 2,400 videos covering everything from arithmetic to physics, finance, and history and 150 practice exercises, we're on a mission to help you learn what you want, when you want, at your own pace". Just last year, The Bill & Melinda Gates Foundation awarded $3.5 million in educational grants to the Khan Academy, in its efforts to reduce barriers to opportunities for the underprivileged. On the backdrop of an increasingly competitive global economy, The Bill & Melinda Gates Foundation deplores that "by age 30 most Americans have not earned a college degree or certificate. Our Postsecondary Success Strategy aims to dramatically increase the number of young adults who complete their postsecondary education, setting them up for success in the workplace and in life". The Foundation has set for itself the ambitious goal to "help the nation double the number of low-income adults who earn postsecondary degrees or credentials by age 26". College: The Social Impact In the college cost discussion, it is hard to devalue the enormous contributions of community colleges to the advancement of the nation, given the long lines of exceptionally successful alumni they have produced. The likes of Elleen Collins, NASA (Corning Community College, NY), Nolan Ryan (Alvin Community College, TX), professional athlete, US Representative Silvestre Reyes (El Paso Community College, TX), and John Walsh (Cayuga Community College, NY), all saw the value of education and the cost-cutting power of a passage through community college, as a gateway to traditional 4-year college. The average cost of public four-year colleges at $7,605 per year in tuition and fees (in-state), or$11,990 (out-of-state), while private nonprofit four-year colleges charge annually cost on average $27,293 in tuition and fees. Simply comparing traditional colleges to public two-year colleges that annually average a cost of $2,713 in tuition and fees, the cost reductions can be enormous for any savings-minded student and parent. Anyone who questions the value of education solely on the college cost argument risks coming to flawed conclusions and potentially harmful decisions based on nothing more than a false debate. As the saying goes, "you get what you pay for". Therefore, shouldn't low or falling costs be of concern? Wouldn't cheaper education make an even cheaper commodity out of any student, who could easily be reduced to a cheap degree-holder? If anyone must question the value of a college education, then the focus should be on one's ability to make good strategic choices that truly align with individual career aspirations. Students must be cognizant of what the college experience should accomplish for them, with a roadmap that goes down to the very details of course selections and their fitness for positions and work responsibilities that they aspire to. Rather than to question the value of education, current and prospective students should question their own educational track choices and whether they best support their goals… Consider the case of Dennis Radomski, 36, a former dropout, who went back to school, majoring in hospitality management, at Montgomery College (Rockville, MD). Dennis first went to school simply because it was expected of him, "sort of the norm", he says, adding: "my father did, my friends did, so I did". But he ended up dropping out and moving to Florida to put a rock band together, pursuing a childhood dream of becoming a drummer. Five years in, with the music gig not working out as planned, Dennis moved back to the DC metropolitan area. Currently employed by ARAMARK at Georgetown University Hotel and Conference Center, he has gone back to school, motivated by his employer's tuition reimbursement program, and the prospect of a promotion upon graduating. Dennis plans to transfer University of Maryland after getting his AAS. Dennis has set his sights on his next promotional roles-respectively crew services supervisor, and conference planner. He has mapped out his own college itinerary, with a clear purpose and goal, therefore creating envisioned value, rather than going about schooling as an impulse shopper does through the aisles of a store, hoping to pick up some value off the shelves of college. In Dennis' case, there is direction and purpose. Every class he takes now is a piece of the big puzzle that fits in well with his career plans. The recipe to maximizing degree leverage potential and value is a proactive and strategic education plan. The arrangement between Dennis and his employer is a Win-Win deal under any circumstances: Aramark gets a deeply grateful, loyal, engaged and productive employee, whose education and training fully align with company needs and standards, while Dennis leverages an otherwise out-of-reach education to enjoy professional growth and career advancement in his found-again passion for hospitality. In the race to raise American skills and education levels in order to make American businesses more competitive at home and abroad, the importance of higher education for the nation clearly shows in the current administration's bold ambitions and commitment to achieve world leadership again, as President Obama announced in Warren, MI, "The American Graduation Initiative", aiming to build "Stronger American Skills Through Community Colleges", on July 14, 2009: "I set a goal for America: by 2020, this nation will once again have the highest proportion of college graduates in the world…Today, I am announcing the most significant down payment yet on reaching this goal in the next ten years. It's called the American Graduation Initiative. It will reform and strengthen community colleges from coast to coast so that they get the resources students and schools need - and the results workers and businesses demand. Through this plan, we seek to help an additional five million Americans earn degrees and certificates in the next decade". Whether the focus is to help transitioning active duty military personnel and armed forces veterans, or to simply improve the skills of local workers to bridge the skill-gap and better match the need of private sector employers for executive, managerial, professional, technical, skilled and semi-skilled workers, colleges play a critical role. In the grand scheme of skills and jobs development efforts, President Barack Obama has called upon the nation's community colleges to graduate five million more students by 2020. Local community colleges are stepping up to play a critical in helping to meet the educational and workforce development challenge facing this this nation. Montgomery College is a special example, with effective partnerships in place to produce workplace-ready graduates who are highly sought after. College and Jobs In the aftermath of a global recession, expect the most competitive job market there has ever been. In his forthcoming book, "The Coming War for Jobs", author Jim Clifton, CEO of Gallup, Inc. makes a strong case that "the coming world war is an all-out global war for good jobs". While some people are caught up today in the debate of college worth (or lack thereof), it just so happens that, in larger numbers than ever before, millions of others have actually chosen to put their faith into knowledge, training and college credentials, deciding to invest in returning to school as adult students . They are often motivated by waves of layoffs or the simple necessity for workers to improve their skills in order to keep up with new technologies, a need to. Keep in mind, almost every aspect of their decision process has had to do with questions like" "how can I pay for this? "Is it wise to take on new student loans to pay for school?" In spite of numerous and very strong primal needs and argument for the contrary, the wisdom to invest in one's education or training (or the fear of falling short of qualifying for jobs degree requirements), has prevailed. Consider the Job Openings and Labor Turnover report released on September 7th, by the U.S. Bureau of Labor Statistics: "There were 3.2 million job openings on the last business day of July". As the global economy recovers over the next few years, in spite of more than half of U.S. employers having trouble finding qualified workers to fill critical jobs across the nation, this is, and will, for a long time, remain an employers' market! These are cash-hoarding and selective employers, with full control over where they take their jobs, in what numbers, and whom they deem fit for hire. Politicians and government leaders seeking to earn political dividends will have to fiercely fight across district, state and national lines for not only retaining local employers and incentivizing them to pick up hiring again, but also taking exceptional actions to attract companies that can bring good and high-paying jobs to their own localities. Unfortunately, with the massive adult learning enrollment upsurge in recent years, many are making an enormous mistake by going the "easy route" for revamping their skills, and earning academic credentials; the degree-seeking endeavor, for them, serving as nothing more than a means to check off the education box on what seem more like a laundry or bucket list than a career plan. The truth is there are several downsides to a purely online education that admissions offices around the country wish to leave uncovered. They include deeply rooted employers-bias (against online degrees) in favor of campuses that make the cut for standard national or state university rankings, often deemed more rigorous. The expectation on the part of employers for candidates to carry degrees that are backed by solid accreditation and to have classroom experience is likely to gain importance as a key criterion in candidates evaluation, given that a classroom atmosphere is the closest to a workplace environment that educational institutions can offer, beside intern or externships. Top Institutions, Helping to Improve Access to College Education There is some great news, though, surrounding college cost. For anyone who is value-driven, yet savings-conscious about education, there are so many options that directly address students' financial limitations. A surprisingly large and growing number of institutions-from Ivy League schools to community colleges-have made momentous efforts to make education more accessible for everyone. In 2009-10, undergraduate students received an average of $11,461 per full-time equivalent (FTE) student in financial aid, including $6,041 in grant aid and $4,883 in federal loans. Graduate students received an average of $22,697 in aid, including $6,371 in grant aid and $15,744 in federal loans. Universities and colleges (public and private) not only seem to realize the danger of rising enrollment costs for students, but are actually taking concrete measures to curb the impact they can have on education access for those who cannot afford to pay for it at current rates. Harvard President Dr. Drew Gilpin Faust, despite assuming office at a time when the University struggled through a period of significant financial challenges, led a sweeping overhaul of financial aid policies aimed at making Harvard College more affordable for middle and upper-income families. The most notable changes in financial aid policies included "major enhancements to grant aid, the elimination of student loans, and the removal of home equity from financial aid calculations". A little known fact about Harvard is that undergraduates from families earning less than $65,000 pay absolutely no tuition! Another example of this effort by colleges to do their part in removing economic barriers to education is AccessUVa, a University of Virginia' financial aid program that annually commits $20 million in need-based grants to all admitted undergraduate students. The program offers "loan-free packages for low-income students, caps on need-based loans for all other students, and a commitment to meet 100 percent of demonstrated need for every student" according to their website. These no-tuition & no-loans programs actually more widespread than you'd expect; they exist in various forms at universities across the nation, including US Air Force Academy, Vanderbilt University, Duke University, George Washington University, brown university, Texas A&M University, Davidson College, University of California , and so many more. They are not even buried deep in some secret webpage; only a quick Google-search and a mouse-click away... There is also an ongoing digital revolution led by Ivy Leagues and even public colleges emulating Khan Academy and leveraging iTunes U, and other online platforms to deliver free educational content to masses via podcasts and eBooks. Perhaps the story of Dr. DeRionne P. Pollard, president of Montgomery College, will most likely ring close to home for most people. She embodies the value within education. Her story is unique in that, she candidly shares "I would not have been able to attend college without financial aid--Pell Grants, loans, and work study. These forms of support are crucial for students who desire their part of the American Dream and need assistance. I know for a fact that I would not have completed college--undergraduate and graduate--without that investment in me". Well, that investment resulted in a grateful champion for federal financial aid programs and an exceptionally capable leader for a critical pillar of society: the community college she heads, with a vision that is as forward-looking and globally minded as it is rooted in strong personal values. She shares: "I didn't always plan to be a college president. In fact, it took me a while before I found my calling. As a high school student, I envisioned proudly serving my country as a Marine. Only 17 years old, I needed my father's permission to join, but my father, a veteran, knew me better than I knew myself. He asked me to try college, just for one year, until I was 18. When I participated in my first college English course, I knew I was where I belonged. I fell in love with the written word and with the college experience. In many ways, you could say I went to college and never left. I earned my bachelor's degree in English, my master's degree, and then I became a college professor". This is how she further describes her experience: "My college experience shaped me as both a person and a leader. When I became a English faculty member at the College of Lake County-not far from my hometown of Chicago, Illinois-I realized the power of community colleges. Community colleges are potentially the most transformative institutions in contemporary America. They can change the trajectory of an individual; transform the quality of life for a family; and enhance the intellectual, economic, and cultural essence of a community". Her proven experience, profound insight and holistic philosophy as a community college leader and reformer has been shared with education leaders in India, through a Montgomery College grant opportunity with the U.S. Department of State. The country hopes to integrate the community college model to strengthen workforce development and to prepare its citizenry to meet the challenges of a global economy. College Boom and Profound Transformation, Amidst Down Economy The adult education boom in recent years, even amid deep economic turmoil, stands as the most telling evidence that higher education is not optional. Today, professionals (employed or unemployed), from entry-level to managerial or C-levels, are enrolling at unprecedented rates in universities' evening, part-time or executive degree programs, in pursuit of higher education. This reality more than any speculation to the contrary, is loud and irrefutable statement to the faith within and intrinsic value of higher education. Notably, recent years have seen a considerable shift away from traditional college offering, with tremendous efforts made by educational institutions to optimize their offerings for non-traditional students-from single parents to military vets who enlisted in lieu of pursuing college, to busy professionals who, once upon a time, had to choose career over education... The explosive growth of adult education programs, all point to a college degree as the sine qua non for job access and career advancement. For the skeptical who yet sees value only in the truth of numbers, consider that fact that lifetime earnings actually increase in direct correlation with education level. A simple side-by-side, apples-to-apples comparison closes the debate. According to a study by the Georgetown University, the median lifetime earnings of a high school dropout over an entire career span stands at $973,000, while that of Bachelor's, Master's, PhD's and professional degree-holders, respectively spikes up to $2,268,000, $2,671,000, $3,252,000 and $3,648,000… For any reasonable mind, it is hard not to see that the loss of potential earnings that comes with foregoing education alone (without even running any education ROI or NPV calculations) more than warrants the investment in college/advanced education. Students' choices of major and institution have become more critical than ever before, in terms of the impact on their potential lifetime earnings and career success. Similarly, a global education has become such a strategic imperative for success, not only for citizens, but for nation's economic and geo-political clout in the world. How global of an education should students get has become a more important conversation to have in our ever-globalizing world. Hardly anything else attests to this reality more than the U.S. Department of State's 100,000-Strong Initiative. This program, according to the U.S. Government, was born out the "need for Americans to gain greater exposure to and understanding of China", and launched to "increase dramatically the number, and diversify the composition, of American students studying in China". A wise investment that is: college education, taken to a global scale, playing a key role in the nation's efforts to rise up to the China opportunity… and challenge. In my experience as an executive recruiter and international career coach, the value of education is not in question. I've seen time and time again, employees and job candidates who were driven back to school due to degree-requirement, for a promotion or simply to qualify for a job. If there is glass ceiling in the workplace, none is more real and compelling of a career-stopper than the educational glass ceiling. If for no other reason than a certificate or degree (whether AA, BA, BS, Masters, MBA, J.D. or other) generally being a minimum requirement prior to consideration for a job by any employer, education is surely is worth it because of the qualifying it is. Education, at minimum, buys you access and the right for job and promotional consideration. On this ground alone, college is worth its money. The real questions one should ask, though, remains: what degree to pursue? The immediate choices then become: pajama-degree or fast-food-MBA of sort, versus traditional or trade school degree? The reason for this is simple: the last 3 years have been an employer's market when it comes to hiring and firing. I have seen it first-hand, both as a global recruiter and diversity job fairs producer. The next 5 years will be no different. Given that you get what you pay for, it makes sense to make career and educational choices-even in times when every penny counts-that are likely to carry value, rather than cause regrets. In my expanded line of work, I also happen to coach college and business school aspirants. I often advise: when a school must resort to lowering its admission standards (No SAT, GMAT or GRE required, then, that should be more cause for concern than a good thing for anyone serious about pursuing a college degree. Such practice is actually indicative of poor academic performance applicants and... If you are serious about furthering your education, then look for an institution that will intellectually challenge you without limit, from the get-go, not for easy and fast--remember you get what you pay for, but also take out what you put in, in terms of effort and creativity, even with regard to finding a way to finance your education. Online resources for figuring the finances out are plentiful; from independent resources to any college's Financial Aid webpage (whether seeking admission to Ivy League schools, or local State University or Community College). The value and leverage power of a degree for career growth highly correlates with the rigor and extent of intellectual standards set upon students by the issuing institutions. And no one pays attention more to this than the employers, recruiters and managers, whether the candidates are on the job market or seeking a promotion at work. A college education in America is no easy venture, as good grades surely take hard work and focus. It also can be costly. Knowing how to navigate the complexities of an often overwhelming admission process and finding a college funding source are critical for academic success. To figure out a way around this maze is real testament to one's individual ability to solve workplace problems and tackle complex business challenges with creativity, a profound analytical mind, and planned execution-skills that are critical and highly prized by employers. So, is College Worth its Cost? A better question to ask is: What is Your College Strategy for Success? It turns out; the answer to the former and often tardy question is yes, but only if it is surgically accurate in matching skills with job market demands. College should be thought of as what it really is: an investment, which can yield enormous dividends-not as a gamble. To get it right will increasingly require some measure of foresightedness and self-awareness. And here is why. On a personal note, I studied physics & chemistry in college, yet never in my entire career have I worked in any chemical or R&D labs-the closest I came to running an experiment consisted in transforming business ideas into: 1. A fully functional prototype for a product heading to market, and 2. Four profitable businesses over a decade, as a parallel entrepreneur. Then, I went on to validate my hands-on business savvy with a top-tier MBA education. Unfortunately, unless students seek to follow the entrepreneurship route, nowadays, they no longer get the luxury of wandering through college majors at random. and expect to somehow graduate with somewhat of an appealing (if not adaptable) skillset for top-paying employers. The Bottom Line Whether all can agree on the value of education or not, the bottom-line is: Employers certainly do think it's worth the money, because they are not only willing to invest in their workforce by offering tuition reimbursement programs or sponsoring promising employees who aspire to pursue (higher education), while facilitating the process with flexible work arrangements and schedule. In recompense for their further studies and additional credentials, these talents are often given more significant responsibilities, promoted, and a raise! Job applicants will continue to see degree-requirement in job postings-some employers are even interested in college transcripts in their application review process. So, there is no escaping college. Simply put: a college degree as a job-qualifying-and not job-winning-criterion is not going away. The sooner one comes to grip with this notion, the better it will be, for not just the individual, but also for the country, especially as we enter an era when districts, states and nations-not individuals-increasingly compete across borders in order to bring the most and best jobs to their local electorates. About the Author (Mohamed.Ly@MultiLingualPros.com) Mohamed Ly is an Entrepreneurship Coach, Global HR & international Career Strategist, founder and executive director for MultiLingualPros.com. Ly is the author of the forthcoming book Going "Glocal": Local Jobs, Global Careers--The Ultimate Career Guide for multilingual, multicultural and international executives, professionals and students, for success in the global job market and workplace. He writes for leading publications, on Diversity, Globalization, Education, and Business, Workforce and Career Management. |
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