Blog

Higher Education in America

Distinguished Professor Emeritus of Economics at Ohio University Richard Vedder’s new book, “Restoring the Promise,” published by the Independent Institute based in Oakland, California, is about the crisis in higher education. He summarizes the three major problems faced by America’s colleges and universities. First, our universities “are vastly too expensive, often costing twice as much per student compared with institutions in other industrialized democracies.” Second, though there are some important exceptions, students “on average are learning relatively little, spend little time in academic preparation and in some disciplines are indoctrinated by highly subjective ideology.” Third, “there is a mismatch between student occupational expectations after graduation and labor market realities.” College graduates often find themselves employed as baristas, retail clerks and taxi drivers.

The extraordinary high college cost not only saddles students with debt, it causes them to defer activities such as getting married and starting a family, buying a home and saving for retirement. Research done by the New York

Continue Reading at WalterEWilliams.com.

Author
Walter Williams
Walter E. Williams is an American economist, commentator, and academic. He is the John M. Olin Distinguished Professor of Economics at George Mason University, as well as a syndicated columnist and author known for his libertarian conservative views. His writings frequently appear on Townhall.com, WND, Jewish World Review, and hundreds of newspapers throughout the United States.
No comments

Sorry, the comment form is closed at this time.