It’s no shock to learn that employees of colleges and universities donate more heavily to Democrats than to Republicans. In the University of California system, 10 times as much money went to Democrats than to Republicans, according to reports to the Federal Election Commission through May 21. At Harvard, it was 7X Democratic, Northwestern 6X […]
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The reduction in pay by Argosy University for its online instructors, from a reported $2,200 per course to $1,600 per course, is creating a stir. Disciplinary associations, the New Faculty Majority, and the Coalition on the Academic Workforce, see such dismal pay as “exploitation.”
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For the Obama campaign, the college campus poses a whole different challenge in 2012 than it did in 2008. Earlier, the campus was one of the most solid and energized pro-Obama zones in the country. The group Students4Obama, which operated on more than 700 campuses, was just one program in the conversion of the campaign […]
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No modern-day Paul Revere is taking a midnight ride to warn about this, but the defaults are coming. Many are already here. They are coming from student loans given to the wrong students for the wrong reasons. The portfolio of federally guaranteed student loans passed the one trillion dollar mark in early 2012, and it […]
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Some commentaries on higher education appear year after year, almost unchanged. One of these hardy perennials is the story that tuition and fees don’t come close to paying for the actual cost of educating college students. In his popular book, The Economic Naturalist, Cornell University economist Robert Frank claims that tuition payments cover only a […]
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Inside Higher Education has just released its second annual survey of college presidents on their views about major problems and challenges facing higher education. Over 1,000 presidents responded to the survey, from all types of schools, including over 50 for-profit institutions. To me the most interesting finding is that public and private schools have somewhat […]
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Until recently, much talk about student loans was fact-free: There simply weren’t publicly available figures worth paying attention to. The official balance of student loans from the NY Fed were unreliable: There was a bucket of random obligations called “Miscellaneous”, which included things like utility bills, child support, and alimony. And it turns out that […]
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The first sentences of Jeffrey Williams’ essay in the Chronicle of Higher Education, “Deconstructing Academe: The Birth of Critical University Studies”, sounds like an introduction to the many conservative and libertarian critiques of higher education that have appeared in recent decades, starting with Allan Bloom’s The Closing of the American Mind, Martin Anderson’s Imposters in […]
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“Here are some [college] degrees that cost you roughly $30,000 in tuition, their much cheaper replacements, and the savings you’d realize: Degree Replacement Savings Foreign Languages Language Software $29,721 Philosophy Read Socrates $29,980 Women’s Studies Watch Daytime TV $30,000 Journalism Start […]
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It’s called “the Bennett Hypothesis,” and it explains–or tries to explain–why the cost of college lies so tantalizingly out of reach for so many. In 1987, then Secretary of Education William J. Bennett launched a quarter century of debate by saying, in effect, “Federal aid doesn’t help; colleges and universities just cream off the extra […]
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President Obama’s fiscal 2013 budget contains an $8 billion program called the “Community College to Career Fund.” It would encourage community colleges, in partnerships with employers, to train about two million workers for future jobs. Since there are about 1,045 community colleges in America, the program would amount to a grant–over three years–of a little […]
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There’s something even worse than undergraduate debt. It’s graduate-school debt. According to the American Student Assistance website, which uses figures from such sources as the National Center for Education Statistics, the College Board, and the nonprofit Finaid.org, 60 percent of recipients of bachelor’s’ degrees borrowed to fund their education during the 2000s, with the average […]
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When individuals seek higher education, why should all of us have to pay? After all, individuals decide whether to seek a college degree based on their own calculations of expected costs and benefits. That taxpayers must bear the burden of financial aid to these individuals seems unfair. Given the billions of dollars governments pay individuals […]
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Victor Davis Hanson has a brilliant essay here on how dysfunctional our colleges and universities have become. Here are two excerpts: “I noticed about 1990 that some students in my classes at CSU were both clearly illiterate and yet beneficiaries of lots of federal cash, loans, and university support to ensure their graduation. And when one […]
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Here is a story in The Fiscal Times that may sound a distant warning to wealthy universities. It raises a question that might sound repeatedly in the coming years: Since some private universities are so wealthy, why don’t they pay taxes? As the article notes, last year was a good year for endowments. Harvard’s climbed […]
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The Chronicle Review is notorious for publishing outlandish opinion pieces more in the nature of white-hot rants than well-reasoned essays. A good case in point is Professor John Quiggin’s “A Vicious Duo” (September 16 – subscriber site), is one of the most overwrought pieces I’ve read there. Quiggin, who teaches economics at the University of Queensland […]
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A new report on higher education from the American Enterprise Institute, out today, contains an eye-catching finding likely to generate a lot of headlines: the more selective a school is, and the fewer low-income students it serves, the larger its taxpayer subsidy. Calling this system of funding “perverse,” the report says: “Average taxpayers provide more […]
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In a recent essay in The Atlantic, Andrew Hacker and Claudia Dreifus lament that most students have to take out college loans. They write: “At colleges lacking rich endowments, budgeting is based on turning a generation of young people into debtors.” While Hacker and Dreifus blame the universities for encouraging students to take on more […]
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In 2009, reeling from the shrinkage in its $32 billion endowment, Harvard moved to slash costs by cutting back on the cookies served at faculty meetings. Eliminating the cookies, we were told, saved $500 per meeting, thus raising the obvious question of whether the Harvard faculty was obtaining its pastries from the wholesaler who supplied […]
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For a variety of reasons, but mainly because of cost, tenure has become a focus of debate in recent months. Given the trends in hiring and working conditions, though, one wonders why, for the fact is that tenure has been squeezed into an ever-smaller portion of the instructional employee population for years. Two charts in the Chronicle […]
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A rift is building between, on one side, university professors and, on the other side, university administrators (including finance officers), politicians, and parents. The rift doesn’t fall into one of the usual conflicts over ideology (for example, leftist faculty vs. moderate or conservative others) or educational mission (for example, social justice vs. workforce training). It […]
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Are for-profit colleges and universities getting a raw deal from the government compared to their more elitist peers in the private non-profit sector of American higher education? Vance H. Fried, writing in a recent policy analysis brief published by the libertarian think-tank, the Cato Foundation, argues just that. Fried is a former private-practice attorney, oil […]
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Almost lost in the welter of legislation to make it through the New York State government policy mill in its closing minutes was some help for New York’s two public universities – CUNY and SUNY. Having endured hundreds of millions of dollars of cuts in state support over the last three years, they are finally […]
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In Frank Baum’s The Wizard of Oz the Wizard says he wants an educated populace, “so by the power vested in me I will grant everyone out.” My guess is if a university president were completely honest today, he might say the freshman bring almost nothing in and leave by taking nothing out. The question […]
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At research universities in the United States, most departments in the humanities have a travel budget that supports professional activities for their faculty members. Most of it goes to help professors attend academic conferences and deliver a paper to colleagues and attend sessions as an audience member as well. For a department of 30 people, the amount […]
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By Andrew Gillen, Matthew Denhart, and Jonathan Robe As they defend tuition increases to irate students and parents, college and university leaders often argue that tuition does not cover their costs and that they are therefore subsidizing their students’ educations. Take, for example, what Southwestern College President Dick Merriman said in an October 2010 piece for The Chronicle of Higher […]
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Though civil liberties groups have been slow to react, there’s a disturbing aspect to the Education Department’s new “gainful employment” rules pertaining to for-profit colleges: Starting in 2015, the Social Security Administration (SSA) will start turning over its data on the earnings of individual students at career colleges to the Education Department. This is so […]
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Today the Obama Administration unveiled its long-anticipated and highly controversial final gainful employment (GE) regulation that ties program eligibility for federal student aid to new metrics that are based on student loan repayment rates. Under the new GE rule, a vocational program can qualify as leading to gainful employment and remain eligible for federal aid […]
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In 2008, when all the writing was on the wall but the wall was still believed to be surmountable, the various strategies to rescue the nation were largely about putting more money into the economy. Now, up against the wall, the strategy is about taking it out. That counter-movement has begun to reveal a few […]
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New Pew Research Center data show that a large majority of Americans think U.S. colleges and universities offer only fair or poor value for the financial cost -but college presidents strikingly disagree, with a majority of them thinking college offers at least a good value (though college presidents are overwhelmingly pessimistic about the quality of American higher education compared to the […]
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