We Don't Need No Education
From the Star Ledger:
Just listed: A 4-year degree in real estate
BY KELLY HEYBOER
"Julius Kislak learned the real estate business the old-fashioned way: He sold his father's house in Hoboken in 1906, then sold a few more and kept selling until he built one of the largest real estate businesses in the state."
"But Kislak, who trained a generation of employees, would have appreciated the idea of a four-year college major devoted solely to real estate, his son Jay said."
"The Kislak family will mark the 100th anniversary of the company's founding by donating $2 million to Monmouth University to help start New Jersey's first undergraduate major in real estate. The gift, due to be announced today on the West Long Branch campus, will be the second-largest in the private school's history."
"With the property market booming, the university is banking that real estate will be the next hot college major. The idea is to take what has been regarded as a trade and make it a legitimate scholarly pursuit."
"Monmouth University plans to start its major in the fall of 2007. Students will take classes on real estate law, eminent domain, finance, development, construction, affordable housing and other topics."
"In the future, the undergraduate degree may include a course to help graduates get their real estate licenses. But the major is not designed to train future Realtors. Graduates probably will end up as developers, lawyers or executives in corporations in the real estate field, school officials said."
Just listed: A 4-year degree in real estate
BY KELLY HEYBOER
"Julius Kislak learned the real estate business the old-fashioned way: He sold his father's house in Hoboken in 1906, then sold a few more and kept selling until he built one of the largest real estate businesses in the state."
"But Kislak, who trained a generation of employees, would have appreciated the idea of a four-year college major devoted solely to real estate, his son Jay said."
"The Kislak family will mark the 100th anniversary of the company's founding by donating $2 million to Monmouth University to help start New Jersey's first undergraduate major in real estate. The gift, due to be announced today on the West Long Branch campus, will be the second-largest in the private school's history."
"With the property market booming, the university is banking that real estate will be the next hot college major. The idea is to take what has been regarded as a trade and make it a legitimate scholarly pursuit."
"Monmouth University plans to start its major in the fall of 2007. Students will take classes on real estate law, eminent domain, finance, development, construction, affordable housing and other topics."
"In the future, the undergraduate degree may include a course to help graduates get their real estate licenses. But the major is not designed to train future Realtors. Graduates probably will end up as developers, lawyers or executives in corporations in the real estate field, school officials said."
10 Comments:
USC has a real estate program in their graduate planning school. I almost went there. It is reputed to be a place to go to become an instant millionaire.
Without meaning to disrespect anyone,an undergraduate major in real estate strikes me as a slightly sleazy pursuit. Anybody else have that same sense, without me having to say more?
Same thought went through my mind. The market is going to be dramatically different when the program produces it's first set of graduates.
grim
Anon @ 9:32,
Think of it as just another contrarian indicator..
grim
From someone who has an undergraduate degree, four years of college is extremely overrated. Go ahead, skewer me but it's true. I came out of a Prep high school with two years of college already under my belt. Unless you plan to become a doctor, researcher or scientist, college is a money making scam. A real estate curriculum just cemented my theory.
grim 9:33 AM ...
Think of it as just another contrarian indicator..
it strikes me as very similar to the top of the internet bubble when everyone was rushing to Chubb to get certificates in web design, development, programming and every college started pushing internet related programs.. I've always been a proponent of contrarian indicators/phsychology..
bobby
"What the wise man does in the beginning, the fool does in the end."
gary said...
From someone who has an undergraduate degree, four years of college is extremely overrated. Go ahead, skewer me but it's true.
Gar: skewer <=========
You get out what you put in, but it gets amplified in a better environment. You also create friends for life.
So much for reading Aristotle... as a liberal arts college professor, I've got to say that the undergraduate years should be the time to contend with the big questions, and develop fundemental skills... not this!
Hallo I absolutely adore your site. You have beautiful graphics I have ever seen.
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