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MIT (Massachusetts Institute of Technology) to make their courseware FREE

Good information in general, but this is definitely a repost. This came out in the news about 3 weeks ago.

Dang... and I paid $150k to go to MIT. AHHHHHHHHHHHHHHHHHHHHHHHHHHHH. Free is better. 😉
 
Thank god for public universities... to think, I paid 1/6 what Coop did and our educations are probably very similar. 🙂
 
Well, the question remains, what do you get by going to MIT. I'm sure MIT has better courses, but regardless of what college you attend you'll need to study on your own (at least in my field: Computer Science). I'm pretty sure you'll be able to get better starting job, if you have MIT behind you, but here in Computer science, experience is everything. Once you got a job, you are on your own, regardless of whether you went to MIT or some college down the block.
 
Well in the respect of campus related items, books, supplies, and whatnot. That probably doesn't add up to more than $10K.
 
I'm often torn over the question "Was MIT worth it?". Well... on the purely cost side... probably not. However, I made great business contacts due to going to MIT (although I guess that any place has that). Also, I had classes by some of the to professors in the world, and now I have a piece of paper that distinguishes me... even though in terms of salary or whatever it may not mean that much of a difference (esp. for how much I paid for school).

Benefits:
1) I got both my bachelors and masters degrees in 5 years... with the 5 year being free becuase of TA-ship and a stipend (so I actually made money to do my masters).
2) Contacts & friends in important places
3) Probably most important: I met my wife there.
4) Professors and world-class research going on.
5) Boston a fun place to go to school in.

Downsides:
1) Cost (I physically did not pay $150k, but just taking $30k x 5 years... gives me and education with a value of $150k)
2) Too many all-nighters... tons of work
3) Probably doesn't help me command much higher salary than the top state-school EE students... esp. for the difference in price of education.

Would I do it over again? FOR SURE!! ANd I'd know how to do it better the second time... 😀
 
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