Enforcement, or Aggrandizement, the Mission of New ED Unit?
Government employees are likely just as driven by self-interest as the owners of for-profit schools. And that’s why creating new government groups to investigate and accuse colleges of wrongdoing, and to do so with taxpayer dollars, is potentially a very dangerous – and unfair – thing to do.
Heard on the “Grapevine”: Expenditures Are Rising. Will We Stop Hearing about Cheap States?
While there is likely some truth to the idea that public institutions up their prices to recoup lost state and local revenue, we have good data showing that those schools tend to raise their prices in both flush and flimsy funding times.
The Newly Updated Help-That-Hurts List
For several years I have maintained an informal list of studies finding that funds from government student aid programs are in one way or another “captured” by colleges, universities, or someone other than the students whom the money is supposed to help.
Rasputin Loan Program?
It has just been reported that Sen. Lamar Alexander (R-TN), chairman of the Senate education committee, will move to revive Perkins for two more years.
Connecting Loans to College Preparedness
Absent the current, de facto federal lending monopoly, private lenders and students would have strong incentives to work together – both would stand to profit from a partnership. Having government supply aid, in contrast, largely invites rent-seeking, overconsumption, and rampant price inflation.
Refresher on How Feds Got Here, What They’ve Wrought
Hopefully, in one place that people can spend about ten minutes reading, we have captured both what Washington has done in higher education, and has done to higher education.
Higher Ed Problems “God’s Will or Somebody Else’s Fault”
Today, for-profits are still high on the blame list, but accreditors seem to be rising to meet them.
Rubio Misses Cutting Subsidies for Student Loans
From a policy perspective, the biggest, most billowy red flag is that Rubio does not even mention eliminating, or at least substantially reducing, federal student aid. Heck, it appears he might expand it. But federal student aid is absolutely the primary problem in higher ed!
Keeping A Bad Scorecard
Higher education, with all its rankings and competition, is kind of like a sport. Well now the federal government is going to help us keep score with the College Scorecard, which promises to give all Americans “access to reliable data on every institution of higher education.”
Let Perkins Die
just because you are small, or even if you are skewed toward wealthier, private institutions, does not mean higher education lobbyists want you to go away. No, all money is good money if spent on “education”!