Op-Ed in NY Times: “Stop Universities From Hoarding Money”  My Take: Good suggestion, but by itself, it won’t change the fundamental problem.

They pay lavish fees to manage their wealth, while tuition keeps rising. Source: Stop Universities From Hoarding Money – The New York Times My take: (Also, click on the Tag Endowments for more on this topic.) Good suggestion, but by itself, it won’t change the fundamental problem. The problem is not just money. After all, […]

Grad-School Loan Binge Fans Debt Worries (It’s Just Another Symptom of the Real Problem – Corrupted Values in Higher Ed)

Graduate students represent just 14% of students in higher education but account for about 40% of the $1.19 trillion in student debt. Many seek government-loan forgiveness. Source: Grad-School Loan Binge Fans Debt Worries – WSJ Here is my comment  “..’What we’re doing is randomly subsidizing lots of people without careful thought,’ says Sandy Baum…” Wrong.  […]

Highly Selective Schools That Add Value (Only Counting Money Here, But It’s a Measurable Proxy For Education)

Brookings Institute compared median salaries of graduates with the expected median salaries of a like pool (for the same college) without having attended college.  Here are the results I took away for highly selected colleges, given in expected percentage increase.  I also give the median mid-career salaries from the study. Note: Some schools didn’t have […]

William Deresiewicz’s Incisive Observation Taken to Its Logical Conclusion

How college sold its soul to the market Source: [Essay] | The Neoliberal Arts, by William Deresiewicz | Harper’s Magazine I commented. To truly change higher education, the critical observation that college is neoliberal, needs to be followed to its logical conclusion. What has damned higher education in America is the neoliberalist view of colleges […]

Standardized Tests (For Colleges, Through K-12 Students) Is the Answer

An ill-conceived boycott could damage educational reform and undermine the Common Core standards. Source: Opting Out of Standardized Tests Isn’t the Answer – The New York Times I’m a former math professor. The k-12 problem is obvious – and testing can fix it, but not the way most people think. The problem is not the […]

More on Vanderbilt’s “Red Tape”. This Time a Senator Uses it to Go to Town

Here is what the Chair of the Senate Committee on Health, Education, Labor and Pensions, Sen. Lamar Alexander of Tenn., wrote in and op-ed piece. “…Clear out the federal red tape that soaks up state dollars that could otherwise go to help reduce tuition. The Boston Consulting Group found that in one year Vanderbilt University […]

My Grades for Vanderbilt’s Highly Cited Report on “Red Tape”

Earlier I posted on the “…Senate-sponsored task force…calling for Congress and the U.S. Department of Education to simplify and scale back federal regulation…” At that time I thought it was going to be a sham. It turns out it was another demonstration of how immune to getting caught universities know they are – at least getting […]

What I Would Ask the Candidates About College

Young Americans buried by student loans want fresh thinking from presidential candidates on the crisis. Source: Democrats Offer Ways to Make College Affordable – The New York Times My questions: The fundamental problem in higher education today is not affordability. It’s ACCOUNTABLITY – or, rather the lack of it. The real questions for each candidate […]

CORRECTION: Link to Article Referred to in the Post: A Prudent College Path

There’s a way to combine an intimate academic environment with a state school’s sweep and socioeconomic diversity. More students should consider it. Source: A Prudent College Path – The New York Times