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Excelsior College Rolls Out $10,000 Bachelor’s Degree Program

by Suada Kolovic

With spring just around the corner, high school seniors across the country are anxiously awaiting word from colleges they’ve applied to. And while getting into your top choice school is all well and good, figuring out how you’re going to pay for it is pretty scary. If the cost of your college education is keeping you up at night, you might want to consider Excelsior College. Why? They just rolled out a program that guarantees a bachelor’s degree for $10,000!

This may seem like the opportunity of a lifetime but there are limitations to the price-guaranteed program. Students only have the option to earn a bachelor’s degree in the following areas: BA in Liberal Studies with an area of focus in Psychology or Sociology; BS in Liberal Studies with areas of focus in Administrative/Management Studies or Health Professional; and BS in Liberal Studies in Psychology or Sociology. If you’re interest, here’s how it works: Excelsior specializes in credit-by-examination, meaning that students may earn credit through a single comprehensive exam. In the past, students would have had to pay $370 per credit, which put an Excelsior degree at about $20,000. Not anymore! The new program has the faculty matching each end-of-course exam to one or more free online courses. "Excelsior has been a pioneer in credit by examination for more than 40 years," said Dr. John Ebersole, Excelsior’s president. "What makes this program truly innovative is its use of open education resources as a key source of study material for students. Not only do these free resources help keep student expenses down, they engage students in learning subject matter from some of the world’s leading colleges and universities." (For more on the story, click here.)

Would you consider applying to Excelsior? Are you a tad apprehensive about the academic merits of a self-guided curriculum? Let us know what you think in the comments section.


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Hearst Lawsuit Holds Unpaid Internships in the Balance

by Angela Andaloro

College students are always being reminded of the importance of internships. Anyone who has taken a serious look into what’s out there knows that many of the internships offered are unpaid and though students may receive college credit or a stipend, it’s rare that they are actually paid hourly wages. While many students accept these conditions for the opportunity to break into their chosen industry, one former intern is taking a stand.

From August to December 2011, Xuedan "Diana" Wang was an intern at Harper’s Bazaar and is now suing the magazine’s publisher, Hearst Corporation, for improper compensation for her internship in which she was working anywhere from 40 to 55 hours a week. Her lawyers believe that Wang is among many interns who are working for an opportunity and being taken advantage of because if these interns were not doing the work they do, companies would be forced to hire someone to do the work. They reason that interns are not only losing out on money by working under these practices but benefits including Social Security contributions, the ability to collect unemployment and workers' compensation as well. Wang’s claims are grabbing the attention of many as her lawyers are looking to turn her case into a class action lawsuit. According to the New York Times, the lawsuit states that “Employers’ failure to compensate interns for their work, and the prevalence of the practice nationwide, curtails opportunities for employment, fosters class divisions between those who can afford to work for no wage and those who cannot, and indirectly contributes to rising unemployment.”

So what does this mean for unpaid internships nationwide? Will employers cave under pressure and start paying interns for their work? It’s hard to say at this stage but the fact is that many employers hire interns to provide a learning experience for students and because they cannot afford to hire entry-level employees to do that work. This could lead to a decrease in the number of internship opportunities available to students, making them more coveted and prestigious positions when attained. The qualifications to be hired for an internship would be higher than ever. Whether this would be a good thing for students or a bad thing depends on a number of factors. We’ll have to stay tuned to find out.

Angela Andaloro is a junior at Pace University’s New York City campus, where she is double majoring in communication studies and English. Like most things in New York City, her life and college experience is far from typical – she commutes to school from her home in Flushing and took nearly a semester’s worth of classes online – but she still likes to hang out with friends, go to parties and feed her social networking addiction like your “average” college student.


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