inflation

Inflation Is Not a Monetary Phenomenon

Idealistic, fanatical libertarians—the Mises types, Rothbardian and Randian—like to shout from the rooftop that “inflation is a monetary phenomenon.” But that’s mastery of the obvious. Maybe there are still some five-year-olds out there who imagine inflation to be the fault of merchants raising prices so as to screw their clients and, thus also the fault […]

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Rankings and Grades–Two Inflated Currencies

Although high school students applying to colleges invariably rely on college ranking guides as a primary source of information, these guides are often misleading and, in most cases, counterproductive. Frederick Hess and Faryn Hochleitner at the American Enterprise Institute (College Rankings Inflation: Are You Overpaying for Prestige) AEI, 5/24/12 contend “the ranks of the top […]

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Why They Seem to Rise Together:
Federal Aid and College Tuition

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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Please Don’t Sue If You Hate This Item

Two former students of Thurgood Marshall School of Law are suing the school for giving them poor marks. Walter Olson of overlawyered.com offered this comment: “Doesn’t it sort of prove you deserve the bad law-school grade when you bring a frivolous lawsuit over it?”

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A Test Where ‘Good” Means ‘Terrible’

As a dean at a rural community college in Illinois, I recently served as a judge for a history fair for seventh and eighth graders at a local school–an assignment that involved a real surprise. When the Social Studies teacher gave me the grading rubric, I saw only three categories: Superior, Excellent, and Good. I […]

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Strange Grading and the Hazards of Transparency

If you go this web site, you can search the course roster at the University of Wisconsin and find out what grades were given each semester for the last several years.  In Spring 2011, the average grade for 792 students in Intermediate Organic Chemistry was 2.8, a B-, while in Introduction to Education, 50 students […]

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Why Harvard and Yale Had to Merge

May 28, 2020, was a good day for the American economy and a momentous one for traditional colleges and universities.  President Jodie Foster, the sixth Yale graduate to reach the White House, announced that the congressional agreement on Medicare and Social Security had finally begun to reduce the country’s debt, and the disastrous bout of […]

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Cut the Sniping—It’s a Great Book

The sniping has begun about Richard Arum and Josipa Roksa’s great new book Academically Adrift. Predictably, people are saying the test instruments used (especially the Collegiate Learning Assessment or CLA but also the National Survey of Student Engagement or NSSE) are imperfect, they look at only a small number of relatively anonymous schools, etc. These […]

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The Trouble With Rigor

The big news in higher education last week was the issuance of findings from Academically Adrift: Limited Learning on College Campuses, a scientific study of how much college students progress intellectually during their four years on campus. Two researchers, Richard Arum, professor of sociology and education at New York University and director of the Education […]

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Students Who Learn Little or Nothing

I can’t recall a book on higher education that arrived with so much buzz, and drew so much commentary in the first two days after publication. The book is Academically Adrift: Limited Learning on College Campuses, by Richard Arum, and Josipa Roksa (University of Chicago Press). Arum is a professor of sociology and education at […]

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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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