Ideas and Opinions from Donald Trump and TrumpU Faculty.
U.S. News, Why Didn't We Make the List?
The most awaited issue of U.S. News & World Report has hit the newsstands. You know - the one that ranks top American colleges and universities. It’s being snapped up by eager parents and kids who are looking for the college that’s right for them.
And did you know that Trump University is not listed among the top schools? In fact, Trump University is not listed at all. We didn’t expect to be, because we are not a degree-granting institution. (Not yet, at any rate.) Our name should not appear alongside Harvard, Yale or Princeton. Let’s be realistic, we are a very different kind of institution.
But as I spent time digging through all the facts and figures in U.S. News, I found some interesting statistics. I learned that at Atlantic Union College in Massachusetts, 69 percent of graduating students have an average of $35,790 in debt. And at Bennett College in North Carolina, 100 percent of the graduates owe money after getting their diplomas - an average of $32,508, in fact.
Now, there are reasons for incurring that much debt to get a diploma. A college degree is an important credential. But when you look at education from a value point of view, it becomes clear that lots of students are paying for a lot of classes on topics that they will probably never use again in their working lives.
In contrast, a growing number of Trump University students have invested only a few hundred dollars and have used what they learned to start companies, buy companies and make millions in real estate. They’re not paying for classes about anthropology, sociology or the Dialogues of Plato, just the topics they need to achieve the life goals they want to reach.
So I leave it to you to decide which educational option serves your needs better. And it’s not up to me to say which is right for you.
But a let me close this morning’s post with one more thought. I invite the editors of U.S. News & World Report to add another category, online education, to their college rankings.
Isn't it time? As the face of American higher education changes, their listings should change too.
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9 Comments
That would be a great comback to your on-line students. That is what we offered in our private training courses.
1 out of 10 cashed out. only 1.
3 of 10 sold out to higher ground. double mortgage.
6 of 10 vict. mechanic lien... owning a pink flamingo. "prey"
6 of 10 can purchase. can you find the vict? without 1987?
legality, application of corporate law to real estate. even if new owner purchases for $1. they assume the old debts. i think many confuse the situation, cant use new money as a leverage to purchase
something that was already paid. I see the "Sold" sign.
they can only assume the debt. take over payments.
its your choice
"government" or "business"?
i would make a deal with the innocent.
that have jobs, a name, and an identity.
redemption.
value of the $, important, for corporations. and previous M&A's.
value of home, only time depreciates, and + - banked.
or
you can have stagflation, lesson from 1987. so?
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intellectuals are great, yet when they panic, the herd begins to worry.
they shouldnt be left alone to defend themselves. discussion's are great when two can agree, and if another has a different view, he could discuss to as an intellectual.
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i think women buy products in september,
men buy products in october.
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and by the way, sorry for barking.
you guys are getting to close,
with my number on my car.
IT IS THE TIME!! and that is a different education school, Total Package Education for the times we live in. As Don said once, working with dad is a fire, hmm, a burning one letting the pure gold shine, isn*t, Don?
When look at the smile of the childrens you know it is so. Global News are soo complex with soo ..issued roots , that to change for the new eve we build for the childrens future, war did*t exist. As we have a target we work for, soo, let*s do it! To follow the right Path , the Right Education for long term life and peace. God Law, Jesus Love Path unfold daily by the passion of our work. Hand in hand with the right guidance the Earth is not soo big for the Summit, isn*t?
Have a greaat day!
Daniela
In a country where hype and "bling" are more important than a financial legacy for our children, I am not surprised by the statistics of the article. Courses should be given on money and debt management, knowing when to utilize credit, and knowing the difference between a "need" and a "want". Instead, they give out credit cards with the semester schedule.
Obvious Trump-U commercial aside (and I have been through the course on Bubble Proof Real Estate Investing myself), the materials provided by Trump-U do help you think differently than the masses. Wealth is a mindset, which is probably why only very few people can attain true wealth.
I talk about business startups and wealth accumulation on my blog, www.theITentrepreneur.com , and I welcome any comments.
Yours in Entrepreneurship,
JM Kelly
Parents today will tell their kids, that the only way to be able to make a decent living one day is to go to college and get a degree. But what they may not emphasize, is just how much a degree actually costs today. Before a young person even makes his or her first dollar, working, they already have tens of thousands in student loan debt.
Getting a degree is the traditional approach in the United States, for young people, but what is often not talked about is just what is being taught to students in a traditional university. The theory that is taught from a textbook IS NOT the real world experience of actual successful people. They'll teach it to students, and it's up to the student to make some practical use of it. I'm not surprised though. A traditional university education prepares you to be just another employee once you graduate... it doesn't give you the practical skills to be able to be a successful business owner. If it were just a matter of investing some money, everyone would be a successful business owner.
But not to put down a traditional college education altogether... statistically, most people with college degrees end up making more money over a lifetime, than those without one. But maybe because of the fact that Mr. Trump is a man with such extraordinary
business vision, he may have started something in the world of education that will have a lasting impact in the years to come.
D.L.
That's a great point. Being the father of 3 young boys, I have more than a passing interest in the issue. At the end of the day, it does seem rather silly to incur so much debt for a product that is sometimes quite far from relevant to a person's vocation.
There are alot of people 9including myself) who can't wrap their brains around alternative access to high-quality college-level education. Because of the foothold that U.S. universites have created and the repute of having "tradition" and the "college experience", this issue is a tough cookie.
Thank you for beginning to address it - why not start your own U.S. News type of publication for Online University Education?
RMV
You raised very pertinent question. As being in business and also in academia, I know there is a big gap between real world requirements and academic courses. Many educational institutions are trying to tie up with industry to minimize that gap but still it's not working well. One of the reason of this failure is the time limitation and examination requirements.
I appreciate the online educations and professional courses, like the one Trump University is running. It gives a focus on career track and helps to succeed on the career one thrive to pursue.
Rajesh Shakya
http://www.rajeshshakya.com
Helping technopreneurs to excel and lead their life!