Oyerinde: US higher ed is half as institutionally efficient as the UK
Tade Oyerinde · Ep 71: No Debt, Top Professors & Personal Coaches — A New Community College with Tade Oyerinde · Joe Lonsdale · Nov 23, 2023 · at 5:14
Tade Oyerinde, Chancellor of Campus, compares the higher education systems of the United States and the United Kingdom while discussing administrative overhead.
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“With 200 universities to educate two million people a year. In the United States, we have 10 times as many students, about twenty million students, but 20 times as many institutions. We have 4000 colleges and universities and states. So we're half as efficient as the Brits.”
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More from Tade Oyerinde
Oyerinde: Quality and completion are community college's real problems, not cost
“So yeah, cost isn't really the problem with community college. The major, like, problem with community college, I sort of describe in two ways. It's like quality and completion, which is kind of a child or derivative of quality.”
Oyerinde: Community college beats taking on debt for a tier-three school
“For, I'd say, at least half of students in America today, community college is the clever path, it's a smart path, it's way better, even, even with the lower graduation rates than getting, Getting into debt to go to a tier three.”
Oyerinde: Adjunct professors tend to be better teachers than tenured faculty
“Because adjuncts, in my experience, tend to be, like, more likely to be great teachers.”
Oyerinde: US student loan debt has reached $1.8 trillion
“And so, you know, institutions keep raising tuition, and the government just keeps financing more student loans. And that's why we're at one point, about 1.8 trillion in student loan debt at this point.”
Oyerinde: Associate degrees increase lifetime earnings by roughly $500,000 over high school
“So like generally speaking if you get a bachelor's degree, you're going to out earn people with just a high school diploma by about a million dollars over the course of your life. Associate's degree gets you about half the value. So about half a million dollar…”