You’re paying for things that you will never ever use.

The Washington Post reports.

College is the new cable bundle. Do students deserve a ‘Netflix’?

College has a lot in common with your cable TV package, according to Michael Horn, a principal consultant at innovation agency Entangled Solutions. As schools plow money into new dorms, administrative costs and sports stadiums, some students find themselves paying for “channels” they have no use for. Horn is co-chairing a new group to make “cutting the cord” a viable option for students who find college painfully expensive and poorly suited to their needs.

“You really want just the accounting degree and you also get the football team alongside it,” Horn said. “You’re paying for things that you will never ever use. It’s not tailored to actual needs.”

The task force is creating a nonprofit to develop modern standards for ensuring the quality of a higher education at a decent price. Horn says the existing accreditation system is broken and hampers innovative programs that could address the affordability issue. He says a fresh take on certification will open the door for the Airbnbs and Ubers of higher education.


 
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