How Long Will It Be Before Major Universities Prevent Their Professors From Posting Lectures Online?

Steve Jobs was quite upset with the cost of textbooks, and he thought our education system was flawed. He’d accomplished quite a few disruptions in several industries, and much of what he did and others are doing now is leading to the slow demise of academia as we know it. The information available is now available everywhere, it will begin to flow like water being disseminated by the very top academics in the country for next to nothing. In other words information wants to be free, including all the information in their heads, so much for intellectual property in that regard.

But why do so many people want things to change? Is it because the 8% year-over-year cost increases of tuition are more than people can stomach? Is it because when people graduate with their degrees they are unable to find work, but must still payoff the high cost of student loans, much of which is going to professors with tenure, and their benefits after they retire. It appears that the bubble is building and ready to burst on the student loan programs as well as the modern-day college academic model.

There was an interesting article, it was an op-ed in the Wall Street Journal by Mr. David Gelernter, a professor of computer science at Yale published on August 9, 2012 titled; “The Friendly, Neighborhood Internet School,” which stated; “we have the technology, the people and the institutions we need to usher in online education revolution.”

Indeed they do, but wouldn’t that also negate the value of our current professors? Or do the elite professors from places such as Harvard, Yale, and Stanford want to seize control of the message, and because of their stature, notoriety, tenure, and Ivy League position pull rank on all the other professors and colleges out there? In many regards I believe that in the future many of the colleges and especially the major universities will prevent their professors from posting online lectures, as a protectionist act.

They will have to do this otherwise people will not pay the tuition to sit and lecture halls with 400 other people when they could be watching them in high definition on the Internet at the local Starbucks using the Wi-Fi for the mere cost of a Venti Frappachino. You see my point yet? In fact, the technology and the ability to get these free lectures online is so profound and so revolutionary, it’s so disruptive that it may render the need for our current style of teaching and education unneeded.

Certainly it will have a profound effect on the number of students who apply, the cost of tuition, and the inherent value once considered of an Ivy League degree or education. It probably will hit the smaller institutions first. Are these Ivy League professors willing to literally shut down all the other colleges so they can get their personalized lectures and message out to the masses, and hopefully make money on the high volume even if they are only getting perhaps a couple of dollars for everyone that views one of their lectures?

You see, it appears to me that many people in academia are already operating in a very monopolistic business model. So it wouldn’t surprise me that these academics feel entitled to taking a one-ups-man-ship approach on the rest of their peers throughout academia. Still, in the end it will matter, the entire higher into education will slowly dissolve just as the mainstream media is today, starting with the newspapers, trade journals, and magazines. Surely you can see that future, the writing is on the wall. Whereas I agree with the op-ed in the Wall Street Journal, I also have a tough time with the motivations and future course of action that these schools might take.

Some might say that they have completely noble intentions, and they certainly intend to stand on their pedestal of self-proclaimed integrity and ethics, almost an intellectual socialism approach to giving knowledge to the world, but we know that’s not usually the case when push comes to shove and it is their paycheck which is being affected. That’s when people change their mind, and they maneuver for a better position for themselves. I also predict that, and I almost am assured that that prediction will come to pass. Indeed I hope you will please consider all this and think on it.

How Much Does it Cost to Start a Restaurant? – 5 Major Points to Consider

Obviously you have to know how much does it cost to start a restaurant if you want to get into this kind of business. You can calculate the estimates but starting up a restaurant depends on some factors. These factors can also depend on where you choose to open your restaurant.

Restaurant Size – It would cost you an average of $100 per seat if you’re going for a small restaurant that will have around 30 customers. While a bigger setting of around 250 people might spend an average of $300 per seat. Of course the cost would be higher if you want some custom made tables and chairs.

The smaller restaurant might be good with 900 square feet of space and the bigger ones might need around 11,000 square feet to meet their goals. Generally you have to consider 30% of that space is allocated for your kitchen, storage and other needs.

Location – There is a very big difference when it comes to the cost of the lease in different parts of the country. In one area you may be paying $15 per square foot, while in the downtown city you can end up paying $40 per square foot. Many landlords will ask fees for basic maintenance, insurance, land taxes on top of the basic lease cost which can have you spending $5 to $16 more per square foot.

One that’s common in this industry is that the cost of the lease should be about 9% – 11% of the yearly sales. If you think that you would be spending a little more than the average, then you should be very careful because the restaurant business run on small profit margins.

Cuisine – What meals are you going to provide? If you’re planning in opening up a fine dining steak or a seafood house then your meals would be expensive and you’re also going to need an expensive equipment to prepare and store them. On the other hand, you only need some basic equipment if you’re going to setup a small coffee shop.

Equipment – A high temperature charbroiler for beef and pork costs around $2,000 to $5,000. A small scale charbroiler for chicken starts from $1,600, while the cost for a convection oven is $4,000 to $6,500. You can also go for second hand equipment but you have to take a close look if they’re still in good working condition.

Regulatory Permits – Most of the time new owners don’t pay too much attention on the costs of permits and making sure that their restaurant is in accordance with health and safety codes. Getting your health and safety permits can cost you around $790 to $1,900 and this will depend on the needs to improve your restaurant.

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