An older article but very on-point: The exploitation of contingent labor, a shrinking middle class, administrative elephantiasis: the turmoil in academia is a microcosm of American society as a whole.
Academia exists in part to support research the private sector won’t pay for, knowledge that can’t be converted into a quick buck or even a slow one, but that adds value to society in other ways. Who’s going to pursue that kind of inquiry if they know there’s a good chance they’re going to get thrown out in the snow when they’re 50 (having only started to earn a salary when they were 30, to boot)?
Rising education debt makes the housing bubble look benign...
All this college debt could put the U.S. on a slower growth path in the years to come. As Americans grapple with high student loan payments for the first few decades of their adult lives, they'll have less money to spend and invest. All that money flowing into colleges and universities is being funneled away from other industries where it would have been spent in future years. Of course, this would be a rather unfortunate irony: higher education is supposed to enhance a nation's growth, but with such an enormous debt burden, graduates might not be able to spend and invest enough to allow that growth to occur.
WASHINGTON—Despite years of putting up with underperforming teachers, overcrowded classrooms, and a gradually deteriorating educational experience, American students reluctantly announced Tuesday that they would be giving the nation's public school...
If you don't follow Scott McLeod you should! Here's a great post from earlier this month:
The Did You Know? (Shift Happens) videos have been seen by at least 40 million people online and perhaps that many again during face-to-face conferences, workshops, etc. This week saw the release of the latest version, this one focused on the state of Iowa. Titled Iowa, Did You Know?, the video is aimed at Iowa policymakers, citizens, and educators and is intended to help them feel a greater sense of urgency when it comes to changing our schools.
Right now there’s a fair amount of complacency; the average Iowan isn’t coming to his or her school board or politician saying, “Hey, why aren’t you preparing my kids for this digital, global world we now live in?!”
When states cut spending on higher education, it’s not just a matter of colleges doing more with less.
The consequences appear to go much further.
The long decline in state funding for higher education — lasting a couple of decades or more in some states — appears to have caused or accelerated some major changes in how some state-run colleges and universities function.
The trend is so strong it has caused CFOs of public colleges and universities to rank declining state funding as, in the words of the Chronicle of Higher Education, “far and away the most worrisome factor facing their institutions.”
The student is becoming the master...The concept is simple: By flipping the typical student-teacher role around, it gives students more of an opportunity to play an active role in their education and recognizes they have more to offer than just sitting in class taking notes.
With 30% of students in the U.S. failing out of high school, our education system is in dire need of change. Check out this infographic to learn how digital education is poised to transform the way our students learn.
Education Sector report called “Debt to Degree: A New Way of Measuring College Success” calculated the total amount of money borrowed by students divided by the total number of degrees a school hands out, or the “debt-to-degree ratio.” Then they broke it out by institution type. As you can see, this ratio is about twice that of private, nonprofit schools and even more than that for public nonprofit schools....it's worth reading the full report linked to in this article.
We live in a time when college graduates depart campus with an average of $24,000 in loans and the unemployment rate for people in their early 20s is more than 14 percent. Is it fair to pretend that a true liberal arts education should not have anything to do with paying the bills later in life?
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