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New (?) University in Austin


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1 hour ago, jimmyjazz said:

I assume the school isn't accredited?

https://www.texastribune.org/2023/11/08/university-austin-uatx-launch-2024/

Quote

Last month, the board gave the school permission to start granting degrees by authorizing a two-year certificate. The board can renew the certificate every two years for an eight-year period while the school seeks accreditation from a national accrediting body. The school’s founders believe the standard accreditation process needs reform but acknowledge oversight is necessary so degrees are considered legitimate. Accreditation is also required for students to receive federal Pell grants to cover tuition and fees.

Accreditation takes a long time, hence the eight year period the state gave them. It is also why a lot of for-profit schools just bought failing non-profit schools - so they could be covered by their accreditation and not spend the years required to get it on their own. 

I bolded the important part above - accreditation is required in order to get Federal money. Otherwise, why do you need accreditation? If you are against the system and trying to revolutionize it, why do you care that the "failed system" doesn't recognizes you? 

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I wasn't paying complete attention to the story -- did I hear that it's a no-tuition school or did I dream that?  If that's actually true, the Pell grants would seem to be a non-issue.  I wouldn't begin to know how they'd make that work, though.

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15 minutes ago, jimmyjazz said:

I wasn't paying complete attention to the story -- did I hear that it's a no-tuition school or did I dream that?  If that's actually true, the Pell grants would seem to be a non-issue.  I wouldn't begin to know how they'd make that work, though.

The CBS article says that tuition is free - for now, implying that it will not be free in the future:

https://www.cbsnews.com/news/uatx-launches-touting-ideological-openness-debate-60-minutes-transcript/

My guess is that this is a way to get students to attend while the school works towards its accreditation, which won't happen until after the first class graduates. It seems to model a tech startup where you give out the product for free or reduced cost and then start charging more once it catches on. 

I will be curious to see if it works or if it ends up being an expensive private school that has the same same type, but differently voiced, echo chambers they accuse traditional universities of having. 

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i mean with the plans for UT is there a legitimate need for a 'differently voiced' alternative? UT is becoming that voice.

i guess having no cost (for now) is a winner.

also this seems very similar to the Sanderfer/Acton university mba program. i think they actually lost their accreditation and ended up outside the US. they should hook up with these guys now lol 🙄

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2 hours ago, jimmyjazz said:

I have little doubt that accreditation will soon be a thing of the past.

Which is not a bad thing, because accrediting agencies have basically ceased denying accreditation because it puts a dent in their revenue.  

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1 hour ago, InkaUtexas said:

Don't look free. 32K a year?

https://www.uaustin.org/costs-and-financial-aid

 

From that link.

Quote

We take seriously the obligation to deliver this education at an affordable cost. Our graduates are prepared to thrive both professionally and personally, not saddled with heavy debt burdens.

Scrolls down and sees an annual total cost of $58,750.

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2 hours ago, Beau Vine said:

Which is not a bad thing, because accrediting agencies have basically ceased denying accreditation because it puts a dent in their revenue.  

How does not allowing more accredited institutions keep revenues up? Wouldn’t having more raise more revenue?

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