[lbo-talk] education bubble

123hop at comcast.net 123hop at comcast.net
Thu Sep 9 23:23:51 PDT 2010


Alan writes:

"Without suggesting that colleges and universities manage their budgets well, and knowing full well that Research universities (NSF I and II) have foisted really problematic construction and other costs - like the perpetual fiscal losers that are large research grants and Intellectual Licensing and Technology Transfer offices - onto student tuition, it seems to me that tuition costs have gone up for three main reasons... 1) rising energy costs exacerbated by the fact that so many schools have older and/or really really poorly built buildings - from dorms to classroom units and beyond, 2) rising health care costs exacerbated by how stressful university work is and how unhealthy Americans are, and 3), for public higher education, round after round after round of net and gross budget cuts. (At elite small colleges costs explode, additionally, because of the intense competition for students and all the construction and programs necessary to draw them in.) "

You forgot to mention the obscene growth of administration in size and remuneration.

J.



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