Investing in Education College Rating Systems Must Measure More Than Monetary Value, Argue Messiah College Professors

By Douglas Jacobsen; Rhonda Hustedt Jacobsen | Pittsburgh Post-Gazette (Pittsburgh, PA), October 13, 2013 | Go to article overview

Investing in Education College Rating Systems Must Measure More Than Monetary Value, Argue Messiah College Professors


Douglas Jacobsen; Rhonda Hustedt Jacobsen, Pittsburgh Post-Gazette (Pittsburgh, PA)


Return on investment, or ROI, can sometimes be measured immediately. For example, day traders buy a stock low at the open and sell high before the close. The purchaser's net worth has increased by day's end, so there's a quick and obvious ROI. However, some ROIs don't happen overnight, and the returns on some investments aren't always financial in nature. A college education fits in that category.

However, many lawmakers don't seem to understand this, or worse yet, they believe that the value of a college education really can be boiled down to dollars and cents. A better way forward is to think about dollars and sense, but right now the "sense" part of the equation is being overlooked.

Don't misunderstand; the questions that lawmakers are asking are good ones. How much does a college education cost? How much debt will students incur? How much money will they be able to make after they graduate? These are important questions, but they are not the only ones that need to be asked.

The intention of a "college rating system" is to help students and their families understand the true costs and benefits that result from investing in a college education. Unfortunately, it will have the opposite result if the assessments are based solely on money.

Rating colleges on dollars alone -- how much college costs and how much it will increase future income -- risks turning learning into a simple commodity, like buying a house or a car or stock on Nasdaq. It says that what really matters in education is the financial ROI.

We disagree. What has made the American system of higher education the envy of the world is not merely that it helps people get ahead in life -- the financial side of the equation -- but that it also helps students make sense of their lives.

Everyone agrees that colleges and universities should provide instruction related to the skills and knowledge needed for landing and keeping a job, but America's institutions of higher learning have always aspired to do more than just that. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Investing in Education College Rating Systems Must Measure More Than Monetary Value, Argue Messiah College Professors
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.