News

Will America’s Universities Go the Way of Its Car Companies?

America’s universities lost their way badly in the era of easy money. If they do not find it again, they may go the way of GM.

On the face of it, this seems highly unlikely. Student enrollments are higher than ever this year, as Americans who cannot find jobs linger or return to education. Yet there are serious questions about America’s ivory towers. Two right-wing think-tanks, the American Enterprise Institute (AEI) and the Goldwater Institute, have both produced damning reports about America’s university system. Two left-wing academics, Andrew Hacker and Claudia Dreifus, have published an even more damning book: "Higher Education? How Colleges are Wasting Our Money and Failing Our Kids and What We Can Do About It."

And US News & World Report, a centrist magazine, says in its annual survey of American colleges that: "If colleges were businesses, they would be ripe for hostile takeovers, complete with serious cost-cutting and painful reorganizations."

Full Story: http://www.economist.com/node/16941775

Posted in:

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.