Conde Nast, the magazine publishing company known for The New Yorker, Wired and Vogue, is getting into the US higher education market.
As our public media colleagues at Marketplace reported, the company is partnering with a venture capital firm and some as-yet-unnamed universities to launch a set of co-branded certificate courses, and eventually a master's degree.
Why is a media company getting into the higher education business? And why now?
The New York Timeshighlighted new data yesterday that once again beats the drum: Despite skyrocketing costs, a college degree is a good investment. In fact, MIT economist David Autor writes in the journal Science that the value of a degree is rising. College grads made almost twice as much per hour in 2013 as workers without a four-year degree. And the lifetime value of a diploma is now around a half-million dollars, even after you factor in tuition.
The clash between academic freedom and state oversight in Kansas last week continues, as the state Board of Regents revised its policy on what faculty and staff at the state's colleges and universities can post on social media.
The Princeton Review's college rankings can tell you which schools offer good value, where to find the swankiest dorms and whether a campus looks like something out of Reefer Madness. What those rankings don't tell you is whether your college pick has a rape and sexual assault problem.