budget

The BA is a False God

That I disagree with nothing important in Patrick Deneen’s post is a measure of how different this elephant seems, depending on what part you’ve got hold of. Very briefly: I want everybody, not just an elite, to acquire as much liberal education as possible, for the reasons that Deneen describes. But we don’t have to […]

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What Happens When College Is Oversold

As I wrote here last week, newly compiled data shows that a great many college graduates have been settling into jobs that do not require higher education. The data, prepared and released by the Center for College Affordability and Productivity (CCAP), show that a majority of the increased number of college grads since 1992—some 60 […]

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College Is Cheaper Than in the Mid-1990s? No Way

By Andrew Gillen and Robert Martin The annual release of Trends in Student Aid and Trends in College Pricing are big news in the higher education world, and rightly so. Since Department of Education data often take a year or two to become available, these reports provide the earliest and most comprehensive preliminary look at […]

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Reducing the Cost of College

How many different ways are there for colleges to cut costs? A lot. At the Center for College Affordability and Productivity, we have identified 25 such ways in a book-length study. In Part 1, focusing on Using Lower Cost Alternatives, released Wednesday, we offered the following 5 suggestions for college and university administrators and public […]

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A Fishy Proposal for Albany

George Philip deserves a prominent place in any 2010 academic hall of shame. The SUNY Albany president recently terminated the university’s French, Russian, Italian, Classics, and Theater departments, citing financial concerns. That Albany purports to be a quality university (and is, in fact, one of SUNY’s better branches) makes Philip’s move all the more unjustifiable. […]

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Don’t Pay Sticker Price, Part 2—the National Universities

————————————- Read Part 1 here. ————————————- In examining the gulf between sticker price and real cost, let’s consider the top 10 national universities as defined by U.S. News & World Report in its most recent rankings. Using U. S. Department of Education data, I compiled the average net prices that students from different family income […]

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Why So Many Administrators?

I’ve often heard professors complain about a curious inverse pattern taking place on their campuses. Classrooms and office spaces for teachers seem to be getting harder to obtain, while administrative offices and buildings keep proliferating. An important report by Jay Greene sheds light on it. It bears the title “Administrative Bloat at American Universities: The […]

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The Safe and Secure Professoriate

Here is what Andrew Hacker, co-author of Higher Education? How Colleges Are Wasting Our Money and Failing Our Kids and What We Can Do About It , says about tenure in a recent interview in Atlantic Monthly: Here’s what happens. Academics typically don’t get tenured until the age of 40. This means that from their […]

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Unfettering New York’s Public Universities

Fiscally beleaguered presidents of public universities around the country like to wisecrack: “public universities used to be publicly funded, then they were publicly assisted, now they are publicly named.” While easy to dismiss as a self-serving whine, there is something to their complaint, at least as it applies to the two public university systems in […]

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White House to Impose “Fairness” on Education Spending

Speaking to the NAACP convention in Kansas City on Monday (July 12), Michelle Obama said that because of “stubborn inequalities” that “still persist — in education and health, in income and wealth — “the NAACP’s founders “would urge us to increase our intensity.” The White House, for some reason, appears to have heard her call, […]

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What Happened at Berkeley in November

We now have a long and fascinating report by the campus police review board on last fall’s disruptive protests at the University of California, Berkeley. The 128-page document, entitled “November 20, 2009: Review, Reflection, and Recommendations,” released in mid-June, is the product of months of yeoman work garnering volumes of evidence. It chronicles and evaluates […]

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Another Pitfall for Student Loans

In a recent article for Career College Central, I discuss the negative implications of the Department of Education’s (ED) proposal to alter the gainful employment rule to restrict the amount of money that a student could borrow by program of study and expected entry level occupational earnings. I identified three major flaws with the proposal. […]

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The Times Misleads Its Readers about CUNY

On Friday, New York Times education reporter Lisa Foderaro penned a curious article about City University of New York Chancellor Matthew Goldstein. The substance was clear: to quote Terry Hartle of the American Council of Education, Goldstein’s “compensation, while a significant amount of money, is relatively modest for the best public university presidents in the […]

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Yale “Emasculates” Its Achievement Awards

Yale University has been scrambling to cut its expenditures by $350 million a year in order to deal with a 25 percent decline in the value of its endowment after the recent collapse of the financial markets: from a 2008 high of nearly $23 billion to less than $17 billion currently. Budget-cutting measures at Yale […]

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Alas, the Feds Take Over Student Loans

As an observer of the national political scene for over a half of a century, and as a former employee of the U.S. Senate, I have seen a lot of political sleaze and chicanery. But nothing tops what happened as the Congress, using a relatively arcane procedure designed to correct spending excesses in budget bills, […]

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How the Campuses Helped Ruin California’s Economy

All across the country there were demonstrations on March 4 by students (and some faculty) against cuts in higher education funding, but inevitably attention focused on California, where the modern genre originated in 1964. I joined the University of California faculty in 1966 and so have watched a good many of them, but have never […]

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Ideals and Realities in Student Protests

On March 5th in the Wall Street Journal, Peter Robinson penned an op-ed on the California higher education budget crisis entitled “The Golden State’s Me Generation”. Robinson begins not with the finances behind the tuition hikes and protests, but rather with the framing of the reaction. He cites participants in the “Strike and Day of […]

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The ”Pay Cut” Crisis

Both the Chronicle of Higher Education and Inside Higher Ed have reported on a newly-released study regarding faculty salaries from the College and University Professional Association for Human Resources. Both articles highlight how, in the past year, around a third of professors around the country have seen their salaries reduced. (Only at private, research universities […]

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Why The Student Protesters Are Wrong

By Daniel Bennett Thousands of students on more than a hundred college campuses joined together symbolically yesterday to protest sharp tuition hikes. The students pointed the finger at hard-pressed state and local governments. That was a mistake. State and local subsidies to public colleges and universities increased by 44% in real (inflation-adjusted) dollars during the […]

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Is an Endowment a Nest Egg or a Gambler’s Stake?

College investments dropped 23 percent in 2009, the most disastrous year since the National Association of College and University Business Officers began compiling investment statistics in 1971. Two observations can be made about NACUBO’s report, issued last week: One is: The richer the institution, the harder the fall, generally speaking. Harvard, the nation’s wealthiest university […]

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Identity Politics Beyond Reason

The headline in the East Bay Express a few weeks back probably didn’t surprise people in California, bracing as they have been for funding shortfalls in government services, including education: “Berkeley High May Cut Out Science Labs”. The first few words of the story delivered the distressing news that the School Governance Council had decided […]

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Waste And Folly In Student Loans

Shortly after his inauguration in January President Obama announced a proposal to get rid of a 44-year-old program known as the Federal Family Education Loan (FFEL) program. In the FFEL system, the federal government guarantees loans to students from private banks and similar institutions under a variety of programs (the best known is the so-called […]

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Two New Stories And A Job Notice

Santa Cruz, Ca.–As California works to plug an epic budget shortfall, severe budget cuts are threatening the twin qualities — excellence and access — that have defined the University of California as the world’s leading public research university. At UC Santa Cruz, faculty, students, and staff worry about the impact the state’s financial meltdown is […]

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Public Tuition Rising Faster Than Private

The College Board’s “Trends In Pricing” report, released this week, reveals that public university tuition rose by an average of 6.5% this fall while private university costs increased by only 4.4%. The discrepancy is no surprise, in an atompshere of reduced state education budgets, declining out-of-state enrollment, and notable increases in in-state applications (and attendant […]

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How UC Dodges Real Cuts

Some faculty members in the University of California system plan to stage a walkout starting on Sept. 24—which also happens to be the first day of classes at several of the system’s 10 campuses. The aim of the walkouts is to protest an $813 million cut in state funding for the university system during the […]

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No Surprise

“Fear of Debt Changes College Plans” from USA Today.

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Some More Advice

“How To Pay For College As An Adult” from Forbes

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No Recession For Bonuses Or “Diversity”

During my twelve-year term as a Regent of the University of California (UC), I served for several of those years as Chairman of the Committee on Finance, which has jurisdiction over the budget of the UC system. Adopting a budget was among the most complex and painful tasks that confronted the Board. For me, the […]

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When Pork Goes To College

Most colleges and universities plan to tighten their belts during this recession year, what with shrunken endowments, curtailed donor gifts, and students and parents suddenly feeling too strapped to pay high tuition costs. Yet for a lucky few institutions—institutions with connections to members of Congress—this year will provide some unusual financial bonanzas, thanks to a […]

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Card Check Comes To Campus

Labor unions have suffered a number of defeats in recent years, but they hope to regain momentum by gaining passage of the so-called Employee Free Choice Act, which would make it easier to secure votes for unionization, mainly through a mechanism called “card check.” Card check would replace the traditional method of unionization by eliminating […]

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