Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

It's so funny how much that reminds me of working in a university acquired by a large for-profit corporation.

After the MBAs arrived, the whole thing was about selling shitty packages for students.

- The college was somehow legally allowed to charge a minimum, so people only needing one single class was still paying for 3.

- They would push high distance learning for anything they legally could, showing the same video of the same teacher to all their 10 universities and paying "tutors" a minimum wage to moderate hundreds of Moodle classes (if not putting Masters students to do it for half the minimum wage). So 80 students paying $1000 on average to take a 5 class, and some of those cost on average $2000 + server costs. What a business.

- Of course classes that had 10 people in it suddenly had 40. And for when there wasn't 40 people to attend, they would consolidate classes with another group and half would have to go to the other side of town for the one class that, if they didn't attend, would set back their tuition by one year.

But yeah, sure it makes more money.

When you don't even have to compete on quality, that's what happens.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: