“What explains the boom in commercial colleges, given the difficulties in competing against highly subsidized taxpayer-financed institutions, and private non-profit institutions with considerable endowments, and exemption from property and income taxes? To me, the obvious answer is that commercial colleges are meeting a need not met by these other institutions. For-profits generally enroll lower income […]
Archive for the 'University' Category
May1st2006
Quote Of The Day
Published by in Education, General, Hispanics (Minority Issues) and University. 0 CommentsMar6th2006
Why Increasing University Subsidies Does Not Help The Poor
Published by in Economics, Education, General, Inequality and University. 11 CommentsRecently here in California Governor Arnold Schwarzenegger was taken to task for reducing government subsidies to California Universities. The argument went that government subsidies help reduce University costs, which in turn helps reduce tuition, and since the poor would have a hard time paying higher University tuition, government subsidies are a boom for the poor.
While […]
Jan4th2006
How To Make Higher Education Cheaper
Published by in Economics, Education, General and University. 8 CommentsUniversities all throughout the country are complaining about University cut backs, students are protesting, and everybody is worried about the increased cost of higher education, especially for the poor.
Writing in the Washington Post, James C. Garland, president of Miami University in Ohio, identifies the problem and recommends how to fix it: replace inefficient […]
Nov16th2005
Cash Strapped Universities Are Not As Strapped As You May Think
Published by in Economics, Education, General and University. 1 CommentThe San Diego Union Tribune writes:
SAN FRANCISCO – Despite complaints from University of California officials that the system has suffered severe cuts in state funding, prompting tuition and fee increases, many faculty members and administrators get paid thousands more than is publicly reported.
In addition to salaries and overtime, university employees received a total of $871 […]
Sep28th2005
The Growing Education Gap And Universities Part In It
Published by in Economics, Education, General, Hispanics (Minority Issues) and University. 7 CommentsConservative New York Times columnist David Brooks wrote in the New York Times:
Especially in these days after Katrina, everybody laments poverty and inequality. But what are you doing about it? For example, let’s say you work at a university or a college. You are a cog in the one of the great inequality producing […]
Sep8th2005
Why Aren’t Public Schools More Like Universities?
Published by in Economics, Education, General, University and Vouchers. 16 CommentsRichard Vedder, Professor of Economics, Ohio University, explains:
While many factors are at work, much of the explanation can be summarized in two words: “privatization” and “markets.” About a third of four-year college students attend private institutions, and the proportion is growing. By contrast, only one-eighth of K-12 kids attend private schools.
Moreover, even public universities are […]
Jul13th2005
Why Universities Deserve LESS Federal Funding
Published by in Economics, Education, General and University. 0 CommentsRichard Vedder, professor of economics at Ohio University, writes:
Colleges have devoted relatively little new funding over the past generation to the core mission of instruction (spending only 21 cents of each new inflation-adjusted dollar per student on it), preferring instead to assist research, hire more nonacademic staff, give generous pay increases, support athletics and build […]
Apr25th2005
Yet Another Reason To Oppose Higher Education Subsidies
Published by in Economics, Education, General and University. 1 CommentAside from sheltering universities from failure and increasing the overall cost of education, subsidies have another negative side effect.
A new paper claims:
This paper uses a game-theoretic model to analyze the disincentive effects of low-tuition policies on student effort. The model of parent and student responses to tuition subsidies is then calibrated using information from […]
Jan10th2005
The Government Should Stop Funding Student Loans
Published by in Economics, Education, General, Hispanics (Minority Issues) and University. 2 CommentsOnly a crazy right winger, or libertarian could possibly believe that, you say? A proposal that favors the rich at the expense of the poor, you say?
If you do, you would be wrong on both counts. That is precisely the latest topic by one of the most respected living economists Gary S. Becker, Professor […]
