tag:blogger.com,1999:blog-4097293516411888153.post5080219854899667329..comments2023-12-04T10:02:29.445-06:00Comments on Mark's China Blog: Worthless DegreesMarkhttp://www.blogger.com/profile/00967364257656897151noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4097293516411888153.post-16719883264690578292009-04-30T00:34:00.000-05:002009-04-30T00:34:00.000-05:00Stanford and similar orgs were completely blindsid...Stanford and similar orgs were completely blindsided by the economic crisis. I talked to too many people within that type of circle (MBAs, mostly, professors, some business leaders, nothing too fantastic) during say 2006-2007, and everyone had complete confidence.<br /><br />It was, I believe, a failure of ideology.Rhodo Zebhttp://www.gongshangfa.comnoreply@blogger.comtag:blogger.com,1999:blog-4097293516411888153.post-75030017943203063522009-04-28T14:10:00.000-05:002009-04-28T14:10:00.000-05:00Intersting WSJ article, thanks for posting about i...Intersting WSJ article, thanks for posting about it.<br /><br />I didn't know that Chinese universities took out debt to finance their expansion. I naively assumed that the provinces or cities or whoever runs them provided them with the funds...Thomashttps://www.blogger.com/profile/05980127611042973278noreply@blogger.comtag:blogger.com,1999:blog-4097293516411888153.post-78534723918137251752009-04-28T09:27:00.000-05:002009-04-28T09:27:00.000-05:00Hey there
Not sure how it's all related, but we go...Hey there<br />Not sure how it's all related, but we got a pretty interesting story here in France few weeks ago, about how Chinese students bought their diploma from a French university where they were doing an exchange... It created a real fuss here - and I believe this is another case of inadequate meeting of educational demand and offer.. (more details on France24 site here :http://www.france24.com/en/20090416-suspicions-mass-fraud-french-universities-chinese-students-toulon)ZeLabhttp://www.ze-lab.comnoreply@blogger.comtag:blogger.com,1999:blog-4097293516411888153.post-38718349305414912902009-04-28T02:44:00.000-05:002009-04-28T02:44:00.000-05:00That's not to say the Stanford thing isn't screwed...That's not to say the Stanford thing isn't screwed up though. It is.Markhttps://www.blogger.com/profile/00967364257656897151noreply@blogger.comtag:blogger.com,1999:blog-4097293516411888153.post-91627569465465691542009-04-28T02:25:00.001-05:002009-04-28T02:25:00.001-05:00You're right.
I shouldn't compare Stanford with N...You're right.<br /><br />I shouldn't compare Stanford with Nanjing Chinese Medicine University too much.<br /><br />Although they both screwed up to some degree, they aren't really in the same league.Markhttps://www.blogger.com/profile/00967364257656897151noreply@blogger.comtag:blogger.com,1999:blog-4097293516411888153.post-73531926743824657072009-04-27T21:40:00.000-05:002009-04-27T21:40:00.000-05:00I'm not sure that a 30% decline in endowment size ...I'm not sure that a 30% decline in endowment size is comparable to servicing $60M in annual debt on revenues of $30M...<br /><br />You can critique the investment strategies of US universities, but their straits aren't nearly as dire.Anonymousnoreply@blogger.com