American colleges face sharp drop in enrollment as people start questioning why they need such an expenive dgree - Corinthian Colleges Inc. running 140 for profit colleges in US expects lower profit
Peter Oberois
Sep. 29, 2006

Across the board the enrollment is lower. Employees and employers agree on one thing. What is the real value in the colleges and universities. Is it really worth 30 to 100K? Are these professors really delivering anything that can command that kind of price tags?

After all people learn on the jobs. The general education part can be achieved in high scools and specialization part - is it really worth that high a tag?

People are realizing how little they learn in Universities and colleges these days because the industry is running 100 time faster than academics.

Cut throat compition require agile and sharp work force no necessarily tthose with big gedrees behind their back.

Corinthian Colleges Inc., which operates 140 for-profit colleges in the U.S. and Canada came out with a scenario that will fetch them much lower profit than the analysts were expecting. The shares fell close to 11% and may fall further.

American colleges face sharp drop in enrollment as people start questioning why they need such an expenive dgree - Corinthian Colleges Inc. running 140 for profit colleges in US expects lower profit
Peter Oberois
Across the board the enrollment is lower. Employees and employers agree on one thing. What is the real value in the colleges and universities. Is it really worth 30 to 100K?
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Specialty alloy steel and bearings maker Timken Co. sees gloomy future and cuts 700 jobs
Anthony Spirac
The future is gloomy to the company as they revised its third-quarter and full- year forecasts sharply downwards, cut 700 jobs and stock fell 9.2%.
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Sonrda Hansekar
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Cell phone companies are now running for cover after allowing fraudulent access of the phone records of customers - HP fall out on Verizon and Cingular
Media Release
The cell phone companies are suing those who fradulently accessed their phone records for HP. But the bigger question is why did these cell phone companies allow anyone to access the customer calls details. Was this a failure or breach of privacy?
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