Abstract
Recently, governmental institutions and private industries in power have been pushed to be more transparent so that more people can have ownership of their data. Another type of institution with a large amount of power over data are educational institutions. Colleges and Universities around the globe store a significant amount of data on millions of students, such as financial aid, grades, dropout or graduation, successes after graduation. Each institution is rated with respect to these items and more, and potential students are making decisions to go to the school based on these ratings. Therefore, it is imperative for students, who invest their time and their money into the school of their choice, to know the truth. In 2017, the College Transparency Act and the Student Right to Know Before You Go Act were passed, which were created to push transparency for data in higher education. The openness of data in higher education will be beneficial to prospective students. The push for these two bills coincided with the bitcoin bubble. In the past three years, experts in economics, medicine, and supply chain management have been researching methods on how to implement blockchains to create optimal and decentralized data systems. In this paper, we propose a model for open data in higher education inspired by the Bitcoin, which uses blockchain. When used together with InterPlanetary File System, a peer-to-peer distributed file system, we can create a decentralized platform that increases accessibility of data and autonomy of prospective students.
Highlights
In 2017, the College Transparency Act was introduced; the bill requires that the National Center for Education Statistics create a data system that analyzes financial costs and student enrollment patterns, customizes information for users accessing the data system, and have the ability to link with other federal data systems (US Senate 2017)
There is no use in making data more accessible to the public without active citizen engagement, because only involvement can push for development
An ideal future step is to implement this data network through a decentralized application built with blockchain and InterPlanetary File System (IPFS)
Summary
In 2017, the College Transparency Act was introduced; the bill requires that the National Center for Education Statistics create a data system that analyzes financial costs and student enrollment patterns, customizes information for users accessing the data system, and have the ability to link with other federal data systems (US Senate 2017). In addition to the College Transparency Act, in November 2017, the Student Right to Know Before You Go Act was introduced by Senators Marco Rubio, Mark Warner, and Ron Wyden (US House 2017) The purpose of this bill is to publish granular and uncomplicated data on higher education institutions in order for prospective students to create informed decisions when applying to colleges and universities, while maintaining privacy standards. One such data system we discuss is blockchain technology
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