09 October 2012

Frauds In Academia

They prey on the unsuspecting and sell their "product."

The two disillusioned attorneys were victims of an unfolding education hoax on the middle class that's just as insidious, and nearly as sweeping, as the housing debacle. The ingredients are strikingly similar, too: Misguided easy-money policies that are encouraging the masses to go into debt; a self-serving establishment trading in half-truths that exaggerate the value of its product; plus a Wall Street money machine dabbling in outright fraud as it foists unaffordable debt on the most vulnerable marks.
More here at Forbes.com.

And then there's this:

In other fields, too, it’s not just George Washington, Abraham Lincoln, Harry Truman, Thomas Edison, William Faulkner, Robert Frost—the college-free supermen who used to be cited as the exceptions to the rule of mandatory college.

There are dropout role models everywhere. An exceedingly short list would have to include Julian Assange, Donna Karan, Paul Thomas Anderson, Sean Parker, David Karp, Jane Jacobs, Wolfgang Puck, Kristen Wiig, Doris Lessing, Annie Leibovitz, Steve Martin, William Safire, Maurice Sendak, Ted Turner, J. D. Salinger, Coco Chanel, Warren Buffett, Carla Bruni, Chelsea Handler, David Bowie, Richard Branson, Sergey Brin, Zooey Deschanel, Barry Diller, David Geffen, Whoopi Goldberg, Donald Barthelme, Ellen DeGeneres, David Byrne, Paulo Coelho, Michael Dell, James Cameron, Tyra Banks, Beck, and Woody Allen. [Add Rush Limbaugh and Bill Gates to this list.]
Read more of How to burst the college bubble: Stop pretending your alma mater matters here.

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