Jack Welch, former General Electric Co. Chief Executive, has put his stamp of approval on the MBA program at Chancellor University. Of course, Chancellor University has only recently donned this name. Myers University, the formerly bankrupt, is now Chancellor University System LLC, and Jack Welch owns 12 percent of it. (more…)

Americans are spending less and saving more this year. The savings rate got up to a 14-year high of 5.7 percent of our disposable income in April or this year. This is the sharpest increase in saving since the numbers started being tracked in the early 1950s. It’s also the first year since WWII that Americans spent less than they did the year before. One big expense that’s getting dropped? Dream schools. (more…)

The current economic climate has made it tough for recent graduates to find work. Rather than starting lucrative careers right out of school, many graduates are turning to internships to build their résumés. Who can blame them? Instead of taking whatever job comes along, these graduates are continuing their education and career training. There’s only one problem: Are there enough internships to go around? (more…)

A growing number of US students are heading overseas for their MBAs. This leaves me to wonder: is this a sign of the times, a necessary market evolution due to the stress put on America’s businesspeople and their alma maters? Or is it less complex than that and based on the shorter, less expensive programs? More likely, it’s a convenient combination thereof. (more…)

Tonight, it will be the topic on everyone’s tongue: what was your resolution? A lot of people tend to use the whole resolution thing as a year-long Lent. They’ll give up this, that, or the other thing and probably complain about it all year, give up, or simply forget. Take a stand this year; make a positive resolution and keep it. (more…)

Are graduate degrees really just a fancy, expensive road to nowhere? Does it pay to stay in the hidey-hole of higher education to get a better degree, or will a bachelor’s get you where you need to go? The answers, of course, are: well, it depends.  (more…)

Budgeting Your Time for an Online Degree
One of the most touted benefits of online education is the flexibility that it offers.  You can work at your own pace as long as you have a stable Internet connection.  But realistically, you can’t work at “any” pace.  There are grading cycles, lesson cycles, and other types of deadlines and rules.  It would be very difficult to take one class over the course of 10 years, for example.  So how much time should you budget for your online degree?
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Higher Education & Salary Potential
The relationship between higher education and salary is well documented.  The more formal training you have, the higher your earning potential.  But have you ever wondered what that potential actually is?  How does a bachelor’s degree in computer programming compare to an associate’s degree in massage therapy?  And how much does an extra year of training affect either of these two fields?  How much more can you make with one degree over another?

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Self-Learning Is Great.  Formal Education Is Better.
I’m a big fan of experience, trial & error, and self-learning.  When you work your way through problems and challenges, you master a much broader range of skills than if you have someone sit down and show you all the shortcuts.  In many ways, those who pursue personal, informal education often learn more than those who receive formal instruction.  However, degree holders rule the world. Politicians, lawyers, engineers, programmers, teachers, doctors, and entrepreneurs rarely get to the top on “can-do” dedication and sacrifice alone.
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There’s Nothing Worse Than Being in a Bad Group
In higher education, group-driven projects often comprise a substantial portion of your grade.  This is especially true in MBA programs where professors want to assess not only your understanding of the subject matter, but also how well you work with others.  Thus, it pays to build a strong team where each individual contributes and carries his or her own weight.  This is difficult to do in campus situations, but it becomes even more challenging when you never meet your classmates face to face.  Online education offers convenience, but you sometimes sacrifice on the interpersonal contact.  Below are 3 useful tips to help you pick successful work-study groups.
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