Graphic
|

Should Governments Support Higher Education?

by Richard Vedder

 

As a professor who has spent over 90 percent of my half-century career in higher education at public universities, it was for decades a matter of faith with me that governments need to subsidize higher education. The two major reasons: higher education allegedly has positive “externalities” or “spillover effects” so that even non-college graduates benefit from college educations. Second, like most Americans I support the American Dream, the idea that anyone living in the U.S. can move from the humblest of circumstances to wealth and fame –in part by using education as a means to that end.

Yet there is no doubt in my mind today that governmental subsidies to higher education are excessive –our nation would be better off if we spent less. Indeed, I suspect no governmental spending commitment at all would be preferable to the situation today (although the optimum may be greater than zero). What led to the change in my position on this issue?

Consider the following:

  • Income inequality has increased in the past four decades of rapidly rising higher education, and the proportion of college students from low income groups is smaller today than four decades ago despite massive expansion
To read the rest of this article, you need to be a subscriber and TO PURCHASE A NEW SUBSCRIPTION, select the subscription you want from the drop down menu below, pay and read! 

To RENEW/EXTEND an existing subscription, please  then visit the MY SUBSCRIPTION link found at the top of the page. Do not use this form.  

Authorize.Net
Authorize.Net processes AMEX, Visa, Mastercard and Discover credit card payments made online securely and safely. 
Paypal Standard
You do NOT need a PayPal account to use this payment method. PayPal allows credit card payments to be processed safely and securely. PayPal operates with credit cards, debit cards, bank accounts and PayPal accounts to make safe purchases online, without disclosing your credit card number or financial information. 

 Subscribe to our newsletter

Short URL: http://www.adjunctnation.com/?p=828

Leave a Reply

Keep in Touch With AdjunctNation

Graphic Graphic Graphic

Graphic

Want to see your advertisement on
AdjunctNation.com? Click here.

Graphic

Want to see your advertisement on
AdjunctNation.com? Click here.

Archives

Graphic

From the Archive

  • From There to Here: Award Winning Adjunct Faculty Discuss Excellence in the Classroom

    by Greg Beatty It’s the start of a new class. You’re about to enter the classroom, but you pause for a moment just outside the door. You have a vision of where you’d like to be at the end of the class. It’s a vision full of practical rewards and the joy of learning—but how […]

  • At Columbia College Adjunct Union Seeks To Represent Staff

    by Tatiana Walk-Morris An online petition aimed at gaining adjunct faculty union representation for staff members has prompted a P-Fac and administrative response about its legal implications. Staff Who Teach, a group of more than 70 full-time staff members—some of whom are members of the United Staff of Columbia College staff union and teach part-time at […]

  • Excuse Me, Are Those Flip Flops You’re Wearing?

    by James Whitley Today’s adult learners are far different from their predecessors of less than a decade ago. Almost without notice we are in the midst of a radical demographic tsunami which is altering the American landscape in everything from religion and health care, to business and education. Dubbed “Generation Why,” this powerful group in […]

  • Cut Your Grading Time In Half

    by Christine Hult IT’S THE END of an arduous semester and your desk is piled high with student papers. You sigh deeply as you contemplate the days of reading and grading that lie ahead of you. Surely there must be a better way? You’ll be happy to learn that recently developed technologies can help you to handle the paper load. Web […]

  • Union Rep Calls Yuba Cuts Inevitable

    Pay cuts for instructors are inevitable, a union representative of part-time faculty at the Yuba Community College District says of trustees asking for a 3 percent reduction in pay — which full-time professors oppose. “I don’t see any other way out of it,” Jim Schulte, vice-president of the Yuba College Adjunct Faculty Teachers, said Monday. […]

Graphic

Want to see your advertisement on
AdjunctNation.com? Click here.

Graphic

Want to see your advertisement on
AdjunctNation.com? Click here.

Recently Commented