tag:blogger.com,1999:blog-10424035.post1422780794264134690..comments2023-09-11T08:58:24.710-06:00Comments on Reach Upward: The Education Bubble IIScott Hinrichshttp://www.blogger.com/profile/11831447472339880148noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-10424035.post-38616065583079118842011-02-20T13:58:47.074-07:002011-02-20T13:58:47.074-07:00So how should we fund higher education? If we don...So how should we fund higher education? If we don't subsidize, then prices will continue to rise. If we provide tax breaks to parents, then those parents whose taxes are high enough to take full advantage of the credits will be able to send their children to some colleges, but the poorer parents will not.<br /><br />Should universities cut down on the pay and benefits of faculty and thus lose the better professors? Should they stop spending money on fund raising and alumni campaigns and fancy dorms to attract students? If so, where will they cut to make up the lost revenue? Should they eliminate varsity sports? Arts? Religion courses?<br /><br />I would strongly support a measure that eliminated all subsidies, grants and loans that benefit for-profit colleges since they generally provide low-quality education and very high prices and only exist because of government spending. That would free up more money and more students for decent public universities and community colleges. Agree?Charles Dhttps://www.blogger.com/profile/02975241234146573609noreply@blogger.comtag:blogger.com,1999:blog-10424035.post-47224761876697142362011-02-17T16:52:47.698-07:002011-02-17T16:52:47.698-07:00I appreciate your thoughts. However, I do not bel...I appreciate your thoughts. However, I do not believe that our only choices with respect to funding of higher education are inflationary public subsidies or greater exclusivity than currently exists.Scott Hinrichshttps://www.blogger.com/profile/11831447472339880148noreply@blogger.comtag:blogger.com,1999:blog-10424035.post-7041820778683502942011-02-16T07:27:33.497-07:002011-02-16T07:27:33.497-07:00So it's wrong to provide a free higher educati...So it's wrong to provide a free higher education to your citizens if there aren't jobs for them? Or is the theory that the money spent on education should have been spent (by the government?) on job creation? Is there any demonstrable connection? I doubt it. The unemployment in Tunisia is probably a result of the horrific levels of corruption in the Ben Ali regime and their demand to get kickbacks even from impromptu fruit stands.<br /><br />The mismatch between college graduation rates and professional/technical employment opportunities can be corrected in two ways: either you increase the cost of education so as to place it outside the realm of affordability for most of the population (thus reducing supply), or you adopt economic policies that promote the creation of good paying prof/tech jobs (thus increasing demand). If you go with the first solution, you end up with a large population of frustrated, unemployed, undereducated, angry people. If you go with the second, you end up being the economic powerhouse of the 21st century. Your choice.Charles Dhttps://www.blogger.com/profile/02975241234146573609noreply@blogger.com