Author: Richard Vedder

Richard Vedder is Distinguished Professor of Economics Emeritus at Ohio University, a Senior Fellow at the Independent Institute, and a board member of the National Association of Scholars. His next book is Let Colleges Fail, due this April.

Can Golf Forestall Albright College’s Creative Destruction?

Albright College is a traditional liberal arts college in Reading, Pennsylvania, that is in deep financial trouble. Reading itself is an old industrial town with fewer people today than a century ago, with relatively low average incomes. Pennsylvania has had a number of college mergers and consolidations, including a number of public regional universities. Like […]

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The Department of Education—To Be, or Not to Be, That Is the Question

President Donald Trump has made it abundantly clear he wants to eliminate the U.S. Department of Education (ED), and some news reports suggest an executive order to achieve that is imminent. Since the ED was created by Congress, it would take formal Congressional action to eliminate it, and the administration lacks the votes. Therefore, whether […]

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The Anti-Woke Counterrevolution Begins

Two of America’s prestigious private universities, Vanderbilt and Washington University in St. Louis, recently did something extraordinary: they jointly bought a full paid ad in the Wall Street Journal entitled “Higher Education is at a Crossroads” that asserted: Ideological forces in and outside of campuses have pulled too many universities away from the core purpose, […]

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‘Mr. Mellon Is Turning in His Grave’: The Mellon Foundation Is Reinterpreting American History and Monuments

The racial and gender ideologues who infiltrated and, at times, overtook American university life in the second and third decades of this century are rightly being criticized for distracting our institutions from their core mission of advancing knowledge. As a result, “diversity, equity, and inclusion” (DEI) is now in full retreat. But the Andrew W. […]

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A Very Short History of American Universities, 1636-2025

From 1636, when Harvard was founded, to about 2010, college enrollments in America tended to rise constantly, with minor disruptions, reflecting increased demand for higher education largely arising from population and economic growth. At the beginning of the American Revolution, fewer than one of every 2,500 colonial Americans attended college. By 2010, the proportion of […]

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Universities Are Profiting Off Federal Research Grants at Taxpayers’ Expense—Trump Reforms Could Curb the Abuse

The Trump Administration has proposed a much-needed reform of how we reimburse so-called “overhead expenses” associated with federal research grants made by the National Institutes of Health (NIH). It is reasoned that research activity financed by the Feds involves not only paying researchers, buying lab equipment, and some travel but also increases needed administrative oversight, […]

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A Buckeye Collegiate Revolution: Higher Education Reform Bill Likely to Pass Senate

The flurry of activity out of the Trump Administration is getting most of the news commentary these days, but much of higher education is still largely under partial control by state government authorities. Some attention has been on big states like Florida and Texas that have created new research centers not controlled by the woke-academic […]

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Do Ivy League Degrees Matter for Leadership Success?

Our nation’s political and business leaders spend the crucial years between adolescent dependency and adulthood preparing for the rest of their lives, and colleges and universities are typically an important part of their preparation for leadership. While in college, students learn how to navigate independence from parents, gain leadership skills, acquire important vocationally relevant knowledge, […]

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Jimmy Carter: A Decent Man, a Damaging Education Policy

As I have written elsewhere Jimmy Carter had many redeeming personal qualities often lacking in today’s American political leadership. But his policies also did a good deal of harm, most notably in higher education. Two developments of the Carter years have had lasting harmful effects. First, under Carter, the federal student loan programs began to […]

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A Great Trump Appointment: Jay Bhattacharya (Part 2)

Editor’s Note: This essay is the second installment of a two-part series. You can read Part 1 here. Yesterday’s assessment of Jay Bhattacharya’s appointment as director of the National Institutes of Health (NIH) was written before I had seen two excellent weekend Wall Street Journal stories on the Trump appointee. In a news story by Liz […]

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A Great Trump Appointment: Jay Bhattacharya (Part 1)

Editor’s Note: This essay is the first installment of a two-part series. You can read Part 2 here. Probably the most important federal funder of traditional advanced research is the National Institutes of Health (NIH). President-Elect Trump has appointed a remarkable man to head that key branch of the federal government, Jay Bhattacharya, M.D., and Ph.D. […]

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Colleges and the Dumbing Down of America

For decades, international testing data have shown that the United States, for all its leadership in technological innovation and economic success, has been, at best, so-so in teaching fundamental knowledge to young Americans. Moreover, the situation appears to have worsened, aggravated by the COVID-19 pandemic, but it has not recovered to anemic pre-pandemic levels since. […]

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Cheaters, Liars, and Robbers: A Higher Education Crisis

During a brief stint working for Congress decades ago, I used the expression “cheaters, liars, and robbers” to help locate the three House office buildings: Cannon, Longworth, and Rayburn. Those three words unfortunately describe much academic misconduct that is potentially shaking the very foundation of trust and support in American higher education. Cheaters Cheating pervades […]

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Just Say No to Discrimination

The release of data on incoming freshmen this fall was watched keenly in light of last year’s Students for Fair Admission v. Harvard decision that effectively outlawed race-based affirmative action policies in college admissions. As the data have been released, the picture is mixed. Some schools have seen the expected results: a larger proportion of […]

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Penn’s Shameful Sanction of Amy Wax: A Blow to Free Speech and Academic Freedom

An extraordinary scholar and polymath, Amy Wax, has been formally sanctioned by the University of Pennsylvania (Penn), although not fired, as many of her detractors attempted to do. Professor Wax has earned degrees from Harvard, Yale, Oxford, and Columbia, including an M.D. in neurology, in addition to her law degree. She has argued 15 cases […]

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Higher Ed’s Fate in 2024

How is this year’s election going to affect American higher education? I am an economist, and our tribe is somewhere between mediocre to awful at forecasting, but since I am tenured, retired, and unpaid by Minding the Campus, there are utterly no adverse consequences from making a fool of myself with this current assessment. American […]

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Ending the Leftist Think Monopoly on Campus

For learning and discovery communities to flourish, there has to be a diversity of ideas that are explored and debated, with multiple perspectives discussed civilly by veteran scholars—the faculty—as well as inquisitive young learners—the students. While campuses in recent years have obsessed over what are intellectually relatively unimportant dimensions of diversity, such as the skin […]

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The Case for Diversity in American Higher Education

Although our national motto, E Pluribus Unum, appropriately reflects how diverse peoples have melded together to form a tribe that we call “Americans,” that does not negate the fact that there are numerous different ways we carry out the business of life across our vast land. That is especially true regarding the provision of higher […]

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Financial Armageddon is Coming for College Sports

In recent years, intercollegiate college athletics has become an expensive activity for many American colleges and universities. Even at 68 Power Five Conference schools whose teams generate significant football and basketball income, very few typically even claim to make a profit, and that is using accounting procedures that, if followed by Fortune 500 companies, would […]

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Teaching the Teachers: Subject Expertise Comes First

Recent polling by College Pulse for the American Council of Trustees and Alumni (ACTA) reveals that college-aged Americans are abysmally ignorant of our rich historical heritage and knowledge of our most important civic institutions. An implication is that the colleges neglect to instruct students to remedy that scandalous deficiency. While that is no doubt correct, […]

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Supreme Court’s Chevron Ruling Is a Major Victory for American Higher Education

The Supreme Court’s recent Chevron ruling, while rightly focusing on central issues like presidential immunity, also brought a potential boon for American higher education. This decision, which I believe holds promise for the future, has yet to be fully grasped by the higher education establishment. Specifically, in Loper Bright Enterprises v. Raimondo, the Court invalidated […]

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Rich Students Disproportionally Protest Israel: Should We Fund Elite Universities?

My friend, John Fund, a distinguished journalist and political commentator, has brought to my attention a fine study done by the Washington Monthly, showing that virulent anti-Israel and pro-Palestinian protests have occurred disproportionately at elite colleges where most students come from relatively rich families. You heard a lot about pro-Palestinian demonstrations, building occupation, and tent […]

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Colleges Are Waging War Against Men

Men are increasingly an endangered species on American college campuses. Between 2015 and 2022, the National Center of Educational Statistics says male enrollment fell by 10.4 percent, while the decline of female enrollment was far less than one-half of that (4.4 percent). By the latter year, 38 percent more women were on campus than men. […]

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Divesting from Israel Is Not Just Wrong but Stupid

Editor’s Note: This article was originally published by The James G. Martin Center for Academic Renewal on May 22, 2024 and is crossposted here with permission. Clearly, the most newsworthy story in American collegiate life recently has been the widespread eruption of pro-Palestinian protests over the war between Israel and Hamas. A central demand of pro-Palestinian demonstrators has […]

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Better Campus Incentives: Reward the Good, Punish the Bad

Bad pronouncements from fellow economists have historically caused lots of mischief, but there is something important on which most of them agree: people respond to positive incentives—money, material goods, power, even sexual attractions—and try to avoid negative incentives—losing large sums of money, freedom through imprisonment, etc. I have argued for decades that those incentive systems, […]

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The Worst Federal Higher Ed Policy Initiative Ever

For years, I have been writing about the deficiencies of the federal student loan programs, but I thought diminishing returns were setting into my harangues—everything important had been said. But don’t underestimate the deleterious effects of disregarding the rule of law, the crassness of political ambitions, and the manifest stupidity of some of President Biden’s […]

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Slavery Revisited: Time on the Cross at 50

Author’s Note: The following is based on a more comprehensive paper titled “Slavery Revisited: Time on the Cross at 50,” published in the Spring 2024 edition of the Independent Review. Most serious works of scholars are respectfully evaluated by modest numbers of colleagues and occasionally play a small role in determining the prevailing interpretation of […]

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The Real March Madness

If there is an annual event that most clearly demonstrates the importance of merit and skill on American college campuses, it is the March Madness surrounding the NCAA basketball championships. The public, whose support of higher education is sharply waning in light of increasing collegiate inanities, intensely roots for favorite schools and players. In higher […]

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The Potted Plants of Higher Education

Throughout most of the nearly seven decades in which I have had an intimate association with American higher education, I have pondered the question: “Who really ‘owns’ the universities?” Several groups claim at least partial control on many campuses, hence the oft-cited term “shared governance.” But to avoid chaos, some specific individual or group has […]

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Sports Madness Reveals Itself Again Very Soon

We are approaching the beginning of the two most important months in athletics in a sports-crazed nation. Between now, approaching February 11’s Super Bowl—where even speculation about the appearance of one of the player’s girlfriend is generating huge attention—in Las Vegas and April 8’s National Collegiate Athletics Association (NCAA) Basketball Championship game in Phoenix, Americans […]

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