Episode #19

Online Education and Paying for College

« previous episode | next episode »

Tuesday, January 22, 2013

A brand-new iMac in the computer lab at the Academy for Software Engineering (Daniel P. Tucker)

The credit rating agency Moody's revised its outlook for the whole U.S. higher education sector from "stable" to "negative" in a report released last week.

According to the report, universities and colleges funding and revenue sources all face increasing pressure. Moody's analysts cite one destabilizing trend, the growing popularity of "Massive Open Online Courses," or MOOCs. These are free, online, university-level classes and millions of people around the world are signing enrolling.

Just last week, Udacity which offers the online courses, announced it's teaming up with San Jose State University to offer MOOCs for credit, a first in the industry.

This week on New Tech City, host Manoush Zomorodi talks with Nicholas Carr, a technology writer and the author of The Shallows: What the Internet Is Doing to Our Brains, about the influence of MOOCs.   

Then, the New York City start-up Pave is offering money to young people who want to pursue their dreams. The only catch?  They have to pay their backers five percent of their salaries for 10 years. 

Indentured servitude? Or a revolutionary new way to fund your dreams, from higher education to starting new company? WNYC's Ilya Marritz reports. 

Plus, a check-in with Dan Huttenlocher, dean of the newly opened Cornell NYC Tech, currently housed at Google's New York headquarters.

Huttenlocher explains why the eight students in the school's inaugural class are taking a course called "Entrepreneurial Life."


Nicholas Carr

Hosted by:

Manoush Zomorodi

Produced by:

Daniel P. Tucker


Charlie Herman


Ilya Marritz

Class is In for Cornell NYC Tech

The inaugural class of graduate students for CornellNYC Tech started school Monday in temporary rooms in the Google building Google in Chelsea.


Comments [2]


The PAVE model is nowhere near new. Please research MYRICHUNCLE (also from NYC, launched over a decade ago, went belly-up in the 2008-09 recession). The MRU guys are either helping Pave recycle the model, or Pave is simply stealing their patented models and exploiting the opportunities that MRU created.

Jan. 29 2013 12:36 PM

5% of salary for ten years as a "freelance foreign correspondent" sounds great! For the recipient.... (let's see, 10-20k x .5 x 10...)

Better 2-sided bet for artists, whose work might rise in value...

Not necessarily such a great deal for anybody else...

But a wonderful idea to help humanity and democracy of course. Too bad the state dept or some other public $$ does not support the effort to provide americans with professional-level analysis and commentary that a (currently non-existent) class of experienced, well paid correspondents could provide...

Jan. 23 2013 03:10 PM

Leave a Comment

Email addresses are required but never displayed.

Get the WNYC Morning Brief in your inbox.
We'll send you our top 5 stories every day, plus breaking news and weather.