More Government Vs. Less Government in Higher Education
March 15, 2019, Steven Koskulitz, 0 Comments
On February 12, David A. Hyman, Professor of Law at Georgetown University, Michael DeBow, Professor of Municipal Law at Samford University, Sandy Baum, Fellow at the Urban Insittute, and James Kvaal, President of the Institute for College Access and Success, joined the Cato Institute to discuss possible solutions for the problems in higher education today. The former speakers argued that opening universities to the free market may be beneficial, while the latter speakers argued that governmental regulations are the means of obtaining success in our universities.
Professor David Hyman believes that the free market and competition might be what our universities need if we want them to innovate and better serve students. He also favors the for-profit model because he sees it as more flexible and because it has more incentive to please consumers. People have traditionally held the view that non-profit organizations are more trustworthy than for-profit organizations and that they will better serve consumers, but Hyman disputed these claims. Having taught in non-profit and for-profit universities, he discovered that “…the common element across all these (non-profit) institutions is the degree to which the terms and conditions of employment are systematically rigged in favor of the incumbents…you don’t see that in other sectors of the economy where competition and market forces drive incumbents to serve consumers’ interests.†He concluded by saying that a for-profit model is not guaranteed to work, but it is our best hope because nothing else has worked so far.
https://www.academia.org/more-government-vs-less-government-in-higher-education/
