Professors earn 'stock' at Pitt business school

Doug Henwood dhenwood at panix.com
Mon Feb 15 13:58:49 PST 1999


Dennis R Redmond wrote:


>It's already here. The Oregon university system, which formerly subsidized
>the smaller, weaker schools via transfers from the rich, is now turning
>into a set of profit centers.

Pataki's doing the same with SUNY - establishing a "market-based" tuition system. Campuses with "good" records will attract students willing to pay high tuitions, and those that can't will sink. "Willing to pay" is of course one of those nice conceptions from economics that ignore differing abilities to pay, but the point of the scheme, besides saving the state money, is to keep those folks out of college who don't belong there - the poor and the nonwhite.

Doug



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