Colleges Flex Lobbying Muscle – WSJ (Very Important)

College and universities have lobbied aggressively to beat back dozens of government proposals to measure their successes and failures, including a federal ratings system. Source: Colleges Flex Lobbying Muscle – WSJ See Bill Gross on the power of universities – see this to see how much revenue some of them receive yearly. I commented. Speaking […]

Obama Targets College Accreditors – WSJ (But Not Sen. Alexander)

The Obama administration on Friday plans to announce executive actions to lift standards and increase transparency at the self-policing groups that accredit colleges. Source: Obama Targets College Accreditors – WSJ Of course, Sen. Alexander rejects the idea. This is from a column he wrote in this paper. “…in one year Vanderbilt University spent a startling […]

Who is Scamming Whom?

More U.S. campuses pay agents commissions to find foreign students—illegal when recruiting most Americans—but sometimes get phony applications, ghostwritten essays. Source: American Colleges Pay Agents to Woo Foreigners, Despite Fraud Risk I wrote the following. “Risk of Fraud“? Who is defrauding whom? If higher education wasn’t such a serious matter, it would be funny that […]

More on Student Debt

Americans are rapidly enrolling in programs to relieve student debt, a development the Obama administration credited for a decline in borrower defaults but also raises the risk of leaving taxpayers to cover a large share of loans. Source: Enrollment in Student-Debt Relief Plans Surges – WSJ I commented. When is everyone going to get it? […]

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.  […]

Federal Aid’s Role in Driving Up Tuitions Gains Credence – WSJ (BUT ONLY BY USING VERY FLAWED DATA)

View long held by conservatives is being adopted by more mainstream economists; New York Fed study faults government aid for letting colleges boost prices Source: Federal Aid’s Role in Driving Up Tuitions Gains Credence – WSJ Here is an explanation of the problem, which I put in a comment, “…We focus our attention on sticker-price […]

The Watchdogs of College Education Rarely Bite – WSJ

Accreditors keep hundreds of colleges with low graduation rates or high loan defaults alive. Source: The Watchdogs of College Education Rarely Bite – WSJ It’s worse than graduation rates.  I wrote. The fish stinks from the head.  I know, I have taught at the head and the tail. The real stink comes more from not educating […]

Evidence That Schools That Educate Graduate Students Who Are in Big Demand

Uber…put up a billboard outside Carnegie Mellon’s computer-sciences building that said: “We are looking for the best software engineers in Pittsburgh.” Graduate students are being approached to work at the company. Source: Carnegie Mellon Reels After Uber Lures Away Researchers – WSJ This is a story about one of the top schools in computer science […]

Maybe One Reason Why So Many Graduates Don’t Get Good Jobs.

Campus clubs spring up for early birds to rouse classmates; 9 a.m. is ‘really late’ Source: In China, Sleepy University Students Experience a Wake-Up Call – WSJ I commented. “They should come here for college. According to the well-researched Academically Adrift, American students only need to study about 13 hours a week, leaving lots of time […]