New Universities?

[ucbalumnus]

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@JHS

And then, of course, there is the University of Phoenix, without a doubt one of the most important educational developments of our time. It’s a for-profit business, enormously successful, largely virtual, educating hundreds of thousands of students. It is about 35 years old, and seems to have cost about $600 million (over several decades) to create, at least to the point where it could fund itself out of operations.

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<p>A non-profit university along similar lines, [Western</a> Governors’ University](<a href=“http://www.wgu.edu/about_WGU/WGU_story]Western”>WGU's Story), started in 1997.</p>

<p>Among more traditional universities, [California</a> State University, San Marcos](<a href=“http://www.csusm.edu/]California”>http://www.csusm.edu/) admitted its first students in 1990, [California</a> State University, Monterey Bay](<a href=“http://about.csumb.edu/history]California”>http://about.csumb.edu/history) admitted its first students in 1995, and [California</a> State University, Channel Islands](<a href=“http://www.csuci.edu/]California”>http://www.csuci.edu/) admitted its first students in 2003. [UC</a> Merced](<a href=“http://www.ucmerced.edu/about-uc-merced]UC”>http://www.ucmerced.edu/about-uc-merced), which opened in 2005, is hardly the only university that opened in California recently.</p>

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@JHS

Cornell, Stanford, Vanderbilt, Chicago, Carnegie-Mellon (both halves of it), Emory, Duke (actually, the purchase, expansion, and re-branding of a pre-existing small college), and practically every public flagship university in the country were created during that period. It boggles the mind.

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<p>Some of the super-rich people of the day (Carnegie, Stanford, Duke, Vanderbilt) wanted to do something with their money…</p>