May 12, 2021 - Dennis Prager Show
04:39
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| Time | Text |
|---|---|
| Because when I went to MIT, you know, it impoverished my family. | |
| You know, we pretty much burned through our life savings in the first four weeks I was in college. | |
| And I thought, why don't we just give people a computer science degree or a physics degree or a chemistry degree via online website method? | |
| So we created the Sailor Academy and we paid professors to create courses. | |
| We put textbooks in the open source domain or in the Creative Commons domain, so they're free for everybody. | |
| And we just give it to the world. | |
| I think we've had about 850,000 students so far. | |
| We add about 80,000 students every quarter, maybe 90,000. | |
| And, you know, it's a simple idea. | |
| It's just make education free for everybody forever. | |
| Oh, man. | |
| I would hug you. | |
| I don't know if you'd accept a hug, but I would hug you. | |
| I want to understand in this regard, do you get a degree? | |
| Yeah, right now we have cross-accreditation, so you get the degree from another college that accepts our credits. | |
| But in the next 12 to 24 months, we're going to convert from a Sailor Academy to Sailor University, and then we'll issue our own degree. | |
| It takes a little bit of effort. | |
| You have to go through a lot of regulatory filings. | |
| We added a librarian to our staff because librarians are required in order to be accredited as a university. | |
| You'll definitely need a dean of diversity. | |
| All sorts of interesting requirements. | |
| The short of it is right now, you know, we give everybody the courses, the certifications, and the credits through a whole network of affiliated colleges and universities, and very shortly will be our own university. | |
| And you want to maintain this as free? | |
| Yeah, the whole idea, it's a non-profit charity, and I don't have any heirs, so when I die, all my assets pretty much go to this foundation that funds this. | |
| This online university. | |
| And the idea, the big idea is anybody ought to be able to get a computer science degree or a physics degree or history or whatever degree for not even a nickel, for zero. | |
| Just completely. | |
| We're not trying to run it for profit. | |
| No, no, I think it's awesome. | |
| Just for charity. | |
| Why, theoretically, would this not end physical universities? | |
| You know, I think that the world can't, what are we going to see? | |
| We're back to that Steinway grand piano example. | |
| Rich people and affluent people have pianos and they have books in their library and they have beautiful things, you know, sculptures and they have gold jewelry and they have the like. | |
| That doesn't go away when you invent Spotify and the iPad and Google, you know, and iBooks. | |
| What's going on is we're just expanding the pyramid to people in the world that just can't afford to spend $200,000 on their graduate degree. | |
| I think that people that can, that come from affluent families, are going to keep going to MIT and Harvard and Stanford and to whatever. | |
| I mean, the university has three components, right? | |
| There's the country club component. | |
| I want to send my kids to a really beautiful campus where they're going to be able to do sports and meet other people, and there's nothing wrong with that. | |
| And then there's the education component. | |
| They're going to learn something. | |
| And you can learn something online via streaming video on a computer much better. | |
| You can't learn ballet or golf, maybe, or physical things. | |
| But computer science, you can definitely learn online. | |
| A lot of people find out information about your academy. | |
| Saylor.org. | |
| S-A-Y-L-O-R.org. | |
| It's this right there. | |
| It's free. | |
| I hope we speak again. | |
| I think that this is incredibly important, what you're doing. | |
| Yeah, thanks. | |
| Yeah, we welcome everybody. | |
| Anybody can come. | |
| So if anybody wants more information on Saylor Academy, go to Saylor.org. | |
| If you want information on Bitcoin, go to HOPE, H-O-P-E. Bitcoin is HOPE. We've dedicated that domain to information on Bitcoin. | |
| Excellent. | |
| Thank you again so much, Michael Saylor. |
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