With Student Loan Debt Ballooning, is Advanced Education Worth It?

by Morgan Montalvo


A  Monday night presentation hosted by the University of the Incarnate  Word focused on the question many, if not most, graduate students ask  themselves this time of year: 


"Was getting an advanced degree worth it?"


UIW's Triple  Helix Careers panel discussion featured U.S. Rep. Henry Cuellar (TX-28);  UIW Provost Kathi L:ight, PhD; and University Health Systems CEO Dr.  George Hernandez representing government, academia and industry,  respectively, to address the employment and innovation challenges that  local advanced degree holders face in a global economy.


Panel  organizer Prof. Osman Ozturgut, UIW's Dean of Research and Graduate  Programs, says the "triple helix" cooperative model unites government,  industry and higher education in an effort to identify employment and  innovation opportunities. He says the model is responsible for much of  the economic success enjoyed by China and Hong Kong.


Monday's  discussion, Ozturgut said, dealt primarily with health care-related  employment for local graduate students because of the industry's  prominence in San Antonio, but the same core concerns apply regardless  of area of study. He said other topics included how to avoid a  "brain drain" of advanced degree holders without resorting to mandates  similar to those in other U.S. cities that offer free or low-cost  degrees, then require students to work in those communities for years or  pay back the cost of their education. 


Ozturgut said  the "triple helix" strands - government, industry, and universities -  also drive innovation by allowing students to brainstorm ideas and  identify future employment opportunities in a risk-free academic  setting, complete internships and conduct on-site research in  corporations and government offices, then return to their schools to  share new ideas and best practices with professors and peers.


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