A new report from Demos, a policy and advocacy center, titled The Great Cost Shift: How Higher Education Cuts Undermine the Future Middle Class “examines how state disinvestment in public higher education over the past two decades has shifted costs to students and their families.”
Read MoreWe have entered a new digital era that appears to have made the traditional trappings of higher education–e.g., fixed curricula, going to lectures, even physically attending a college or university–about as necessary to getting a college degree as the telegraph is for sending messages. Out with hierarchy, structure, and the top-down approach to higher education. […]
Read MoreSanta Monica Community College, a public two-year institution on the Pacific coast not far from Los Angeles, has a reputation as the jewel in the crown of California’s 2.9 million-student community-college system. Known for academic excellence, Santa Monica has one of the highest transfer rates in the state to California’s elite four-year colleges public and […]
Read MoreGary Fethke’s recent op-ed Why Does Tuition Go Up? Because Taxpayer Support Goes Down in The Chronicle of Higher Education is an enjoyable read. Rather than dismiss the opposing side’s argument with straw men, as is so common these days, Fethke presents it faithfully and gives it due consideration, which is a breath of fresh […]
Read MoreNo 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 […]
Read MoreSome 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 […]
Read MoreUntil 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 […]
Read MoreThe 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 […]
Read More“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 […]
Read MoreIt’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 […]
Read MoreWhen President Obama talked about unaffordable college tuition, he failed to point out that federal subsidies are responsible for much of the unaffordability. In his State of the Union message, he said, “If you can’t stop tuition from going up, the funding you get from taxpayers will go down.” However, since tuition is dependent on […]
Read MoreAs the Arab Spring uprisings transform the history and face of the Arab world, the American University of Beirut, the oldest and most prestigious private university in the Arab Middle East, is preparing to launch the most ambitious fund-raising campaign in its 145-year history. The campaign will seek to raise more than $400 million dollars […]
Read MoreLast week on its “Working It Out” page, The Atlantic Monthly posed a far-reaching question: Should each college be required to prominently post consumer information for prospective students — a kind of nutrition label for higher ed?
Read MoreThere’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 […]
Read MoreBy Frank J. Macchiarola and Michael C. Macchiarola As law schools have come under fire on many fronts, the growing cost of tuition has drawn the most attention. This is not surprising, given the shrinking job market for lawyers and tuition increases that have far outpaced the general cost of living for more than two […]
Read MoreCrossposted from OpenMarket.org The New York Times featured an excellent news story Sunday by David Segal on the costly white elephant that is legal education in America. He describes how law school is expensive because of government-enforced accreditation standards that prevent law schools from containing costs even if they wanted to (and in truth, most […]
Read MoreWhen 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 […]
Read MoreSometimes the left is onto something. Take, for example, the latest twist in the “Occupy” movement: Occupy Student Debt. The new activism front, which began in with a Nov. 21 rally at Occupy Ground Zero, New York’s Zuccotti Park, is trying to collect a million online signatures from debtors pledging to refuse to repay their […]
Read MoreAt research universities and many liberal arts colleges, too, it is universally assumed that research is an unadulterated good. Research keeps professors fresh in their fields, makes them better teachers, and raises intellectual standards for departments. Who would disagree? In conversations about research in my world of the humanities, though, one doesn’t often hear about one […]
Read MoreVictor 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 […]
Read MoreAn elephant in the room that universities avoid is how their system is rigged to serve the rich over the poor. An October study by the American Enterprise Institute (AEI) entitled “Cheap for Whom?” showed one way that the university system is rigged in favor of the rich. It said: “Average taxpayers provide more in subsidies […]
Read MoreThe classic tuition bill covers tuition, room and board if applicable, and fees. This somewhat amorphous last item generally doesn’t worry students much. It’s usually a small sum, just a few hundred dollars. Unless of course you’re attending Rutgers, where high fees are needed to fund things like a $30,000 speech from Snooki. However, there is […]
Read MoreHere’s the major question about the famous suicide by fire of the young Tunisian Mohammed Bouazizi: why did it trigger so much upheaval in so many Arab lands? Widespread poverty, political corruption, and ruthless oppression are an old story in Arab countries. Why should this suicide have produced so many furious young adults risking their […]
Read MoreThe 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 […]
Read MoreA 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 […]
Read MoreBy now the “Cupcake War” in which the Berkeley College Republicans sold cupcakes with different prices for various ethnic/racial/gender groups is well known. Drawing less attention is why it produced the panicky overkill reaction, including strong condemnations from some university administrators. After all, the anti-affirmative action bake sale hardly threatens the diversity infrastructure and is […]
Read MoreIn 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 […]
Read MoreA recent survey of college admissions officers, sponsored by insidehighered.com, has attracted some attention in the press, such as this story in the New York Times and, of course, this account at Insidehighered.com (there is a link to a pdf of the full survey report). It’s a valuable document that reveals attitudes and policies among admissions officers […]
Read MoreThe Chancellor of the University of Texas system has issued a disappointing response to pressure from the public and Governor Rick Perry for greater accountability on the system’s nine campuses. Chancellor Francisco
Read MoreFor 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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