Top of Mind's Must-Read Articles in Entrepreneurship
As a father of three who's just begun the life stage where my children start matriculating off to college, I find myself drawn to news about all things higher academia. I've also done my fair share of weighing in on our country's state of higher education, from reconsidering its worth due to rising tuition costs to giving advice to high school graduates grappling with their many options for the next phase of life.
I came across two academia-related articles last week. One is an infographic presenting some interesting facts about entrepreneurship in education that will undoubtedly conjure the age-old question of whether or not entrepreneurship can be taught. While I won’t dive into the depths of that debate, I will point to an educational program that’s spreading across the world with some impressive velocity—The Ice House Entrepreneurship Program—which focuses on opening people up to entrepreneurship by teaching people how to think like an entrepreneur.
The other news piece discussed a topic near and dear to my wallet—college tuition. With my eldest wrapping up his freshman year at The University of Akron and my two younger daughters nipping at his campus treading heels, yearly price tags are a big factor when selecting one college over another (or attending college at all given rising cost and the emergence of alternative learning environments). This article honed in on grad students’ debt and its 43 percent rise between 2004 and 2012, skewing the overall student debt numbers.
I’ll be keeping a close eye on these and other educational topics over the next several years, as my children make their way through a transitioning higher education system. It’s my hope that, down the line, the school system my eldest has entered into will pale in comparison to the one from which my youngest graduates.
Entrepreneur U: Schools for Start Ups
This infographic was presented by greatbusinessschools.org. Its highlights include the growth of entrepreneurship courses over the years, the increase in entrepreneurship grads who actually go on to start a business, and of course, the top entrepreneurial schools.
Two New Innovation Hubs Announced by Obama
President Obama is trying to boost U.S. manufacturing by opening two new manufacturing hubs in Chicago and Detroit. These hubs will be led by the Department of Defense and will have a financial backing of $280 million in private and public funds. The Chicago hub will focus on digital manufacturing and design. The Detroit space will focus on lightweight and modern metal manufacturing processes. These hubs will create local jobs for middle-class workers.
New Incubator Aimed At Social Entrepreneurs Launches In Washington D.C.
The S&R Foundation is launching a D.C-based incubator, Halcyon Incubators, which targets social entrepreneurs. Companies that are chosen will receive a rent-free multimillion-dollar town house, rent-free workspace, legal and PR resources, mentorship and a network of potential funders. Halcyon is industry agnostic. Class will begin on September 1, 2014.
Grad Students Driving the Growing Debt Burden
Student debt has increased in recent years due to students borrowing more and the economy weakening. In 2012, one in every 10 students leaving school owed $153,000 in student debt.
SXSW Stats That Might Surprise You (Infographic)
Attendance grew 7 percent this year. It has been in a stall since 2006. In the past, attendance could jump 45 percent. There were 540,000 tweets associated with SXSW and of those, 10 percent only originated in Austin. There were four times more tweets at 10 pm than 1pm. B-cycle set a single-day U.S. record with an average 10.1 checkouts per day. Nearly 286,086 texts were sent during the first weekend. Eventbrite saw a 79 percent increase in SXSW-related events. SXSW Infographic