On June 4 this year, Howard Finberg of the Poynter Institute gave a speech called "The Future of Journalism Education" at the European Journalism Centre's twentieth anniversary celebration in Maastricht, the Netherlands, in which he presented the results of a survey of journalists and journalism professors about the value of a journalism degree, among other things. Finberg spent the rest of his speech bragging about Poynter's News University, encouraging journalism schools to offer a lot of News University-type online courses, saying that "maybe a journalism degree isn't the endgame" (after earlier having said "I do NOT suggest that this survey says that a degree is unimportant"), suggesting that journalism and mass communication (J&MC) programs do "practical research, not just academic exploration," and pushing a combination of student work portfolios that go way beyond "just traditional clips or tapes" and "digital badges that represent skills or other competences" of students in addition to the uber-portfolio and the course transcript. Finberg packed quite a bit into this Maastricht speech, and it requires more than a little bit of unpacking, which the author does in this article without defending the status quo. In sum, the author points out that a sincere goal of true excellence, which would involve, among other things, all journalism students producing News21-like work, would lead to meeting Carnegie Corp.'s three journalism "needs."