Dec 20, 2016 @ 10:02 AM 1,826 views
12 Stocks to Buy for 2017
Mr. Trump: 12 Ways To Reform Higher Education
CCAP ,
Contributor
We are dedicated to researching the rising costs in higher education.
Opinions expressed by Forbes Contributors are their own.
Americans are rightly increasingly angry about our colleges and universities. While many critics of higher education have outlined many sins (Victor Davis Hanson is particularly noteworthy), we can say the four biggest ones are that college is too costly, involves too little learning, is increasingly intolerant or contemptuous of free expression and diversity of opinion, and graduates students who increasingly are “underemployed,” taking relatively unskilled jobs for which college training did next to nothing to improve labor productivity. It is no wonder that 2016 is the fifth consecutive year of falling enrollments.
Historically, higher education was either a private or state and local government responsibility, not a major concern of the federal government. Yet federal intrusion in modern times have aggravated the problems outlined above, and President-elect Trump needs to deal with this challenge–but how? I believe the evidence is strong that the increasing centralization of higher education through increased federal regulation (mostly by the U.S. Department of Education) and an explosive growth in federal student financial assistance programs has had terrible unintended consequences, most importantly a qualitative decline in American higher education. Also, however, it has involved the transfer of vast resources from taxpayers and students to a chattering class of academics, resulting from a highly successful exercise in stealth rent-seeking. Indirectly, the federal government has provided a protected class of academic rentiers (more vulgarly, whores) with wealth and comfort—a group that includes many who are fundamentally contemptuous of the very strengths that have made America exceptional—individual freedom, self-reliance, discipline, hard work, saving, investing and innovating.
http://www.forbes.com/sites/ccap/2016/12/20/mr-trump-12-ways-to-reform-higher-education/#2e78962f79a0
