About 40 million people owe over one trillion dollars in student loans. Bill Gross, the most successful bond manager ever, and the founder of PIMCO (the largest bond management company in the world), gave this explanation: “…Universities are run for the benefit of the adult establishment, both politically and financially, not students. To radically change the […]
Archives for July 2013
Chinese Firms Reject American Degrees
July 8, 2013 by
I have argued in this blog that far too many of our universities are delivering degrees but not education. This is even true at many “elite” universities. (See the book Academically Adrift for data that show how much worse university education has become across the spectrum in the past 30 years.) According to an article in the […]
Oregon College Funding Plan May Have Potential
July 3, 2013 by
Instead of paying tuition, students will pay into a fund after graduation. The plan is reported in today’s Wall Street Journa. http://online.wsj.com/article/SB10001424127887324251504578582101593420808.html?mod=ITP_pageone_1#articleTabs%3Dcomments As I wrote in a comment, it has the potential for improving education. “If everything goes right, this could be a move in the direction of holding schools accountable to both individuals and […]
Thank The Chronicle of Higher Education for their New Blog: “The PH.D. Placement Project”
The Chronicle of Higher Education is working to accumulate and publish data on Ph.D. placement. It is a vital and important task. Here is the link to the blog. http://chronicle.com/blogs/phd/ It is a start. Unfortunately, it is almost impossible to know when a school grants a Ph.D. to a candidate who should not be […]