New Report: The U.S. Student-Loan Debt Crisis Is Even Worse Than We Thought
(From Forbes.com): By Tom Lindsay Last year, in these pages, I reported that, on January 13, 2017 (just one week before the Obama administration exited DC), the Obama Department of Education released a memorandum confessing that it had “overstated student loan repayment rates at most colleges and trade schools.” The “updated numbers” provided by the […]
Yes, Markets Work In Higher Education
(By John Carroll) University of Wisconsin Stevens Point succumbed to market pressures and is abandoning the notion that they can survive as a traditional liberal arts college. They are eliminating majors, and probably faculty too. Students simply aren’t buying what they’re selling. Rather than mourning the loss, we should celebrate the transformation. Markets work, even […]
An Army of Low-Level Administrators
In 2010, Jay P. Greene released an eye-opening report, “Administrative Bloat at American Universities: The Real Reason for High Costs in Higher Education.” He wrote: “Between 1993 and 2007, the number of full-time administrators per 100 students at America’s leading universities grew by 39 percent, while the number of employees engaged in teaching, research or […]
How For-Profit Universities’ Conversion To Nonprofits Will Up-End Higher Education
(From thefederalist.com): By John Carroll Just when it seemed the war between traditional, nonprofit universities and for-profit universities had ended in a decisive victory for the former, public and private nonprofit universities face a new threat from for-profit colleges. As online education becomes the new norm in higher education, the two sectors are converging. CONTINUE READING HERE
How Colleges Are Ripping Off a Generation of Ill-Prepared Students
(From dailysignal.com): By Walter E. Williams Earlier this month, the 2017 National Assessment of Educational Progress, aka the nation’s “report card,” was released. It’s not a pretty story. Only 37 percent of 12th-graders tested proficient or better in reading, and only 25 percent did so in math. Among black students, only 17 percent tested proficient or […]
College Tuition Inflation: An Overblown Crisis?
Gillen and Robe place no blame for this confusion on HEPI and HECA’s creators. Both indices are helpful when limited to their original purposes. Rather, the blame lies with those who seek to use these indices beyond their purposes in deceived and/or deceiving fashion.
If There’s a College Affordability Crisis, What Should We Do About It?
Is there really a college affordability crisis, and if so, what is its cause and exactly what action should Congress take
Mitch Daniels And The Purdue Miracle: Lessons For The Rest Of Us
Daniels assumed the Purdue presidency in 2013. In his quest to make college more affordable, he wasted no time.
Why Are College Degrees Falling in Value?
After decades of steady increase, the numbers of young Americans who enroll in some postsecondary educational program has started to fall. Many schools are desperate to keep their numbers up, but keep falling short. The reason for this change is that the perceived value of college is declining.
How to Stop Complaining and Start Fixing America’s Higher Education Crisis
The most striking thing about fixing American higher education is that the direct costs look surprisingly small. The major obstacles are political, not financial.