A growing number of people are asking, “Why go to college?” The costs are soaring. The one thing that leads people to go, of course, is that college graduates earn by far bigger bucks than non-graduates. Nonetheless, we have James Altucher of the Financial Times saying college is a waste of time. We learn that […]
Taking a few days respite from the daily rhetoric of higher education, I ventured with my wife into a cellular phone store yesterday, trying to cope with a technology better understood by persons whose age is, roughly speaking, the square root of my own. One of the young clerks was talking about his on-line university […]
Richard Vedder gave the following lecture at Dartmouth College as part of their Daniel Webster Project on October 14, 2014. My thanks to Dartmouth for inviting me to participate in the Daniel Webster Project. I particularly love to come to Hanover. I teach American economic history, and forever am telling students two things about the […]
The price system works marvelously to allocate resources in our society, but in higher education, prices often do not reflect the true value society places on resource usage, as they are often distorted by a variety of policies. The price of elite colleges, for example, is actually well below what demand-and-supply conditions would warrant, while […]
A couple of weeks back, NPR’s “All Things Considered” had a segment on the “explosion” of online learning and the implications this will have going forward for higher education. NPR’s Steve Henn, I thought anyway, had an insightful comment about the risk an online learning model would allow someone who is nothing more than a […]
In a op-ed for Businessweek, Richard Vedder makes the case that just because there is a significant and large college earnings premium, on average, buy propecia no prescription that does not mean that for everyone going to college is the correct course of action, at least on “purely economic grounds.” As he argues in the […]
I was somewhat bemused by this comment on MITx (the free and open-access online course offerings that MIT is now making available to tens of thousands around the world) made by the chair of faculty of MIT, Samuel Allen, in a piece he wrote for the MIT Faculty Newsletter. Allen sees the critical issues regarding […]
Alan Jacobs For a long time now, universities have flourished by offering a bundled package of knowledge and credentialing. People attended university in order to learn stuff that they couldn’t learn elsewhere — because the experts weren’t elsewhere — and to be certified by those experts as having actually learned said stuff. The bundle has […]
Posted on December 13th, 2011, by CCAP StaffComments Off
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MICHAEL ELLSBERG our current classrooms, geared toward tests on narrowly defined academic subjects, stifle creativity. If a young person happens to retain enough creative spirit to start a business upon graduation, she does so in spite of her schooling, not because of it… the focus on higher education as the only path to stable employment […]
On June 25th Dr. Richard Vedder participated on a panel discussion on federal financial assistance programs hosted by the American Enterprise Institute. Here he claims that these federal programs have had the unintended consequence of raising college costs and lowering accessibility.
As a part of "Uncomfortable Learning" Richard Vedder gives a lecture to students at Williams College about the War on Work.
Panel 1 of the conference co-hosted by CCAP and the Cato Institute on higher education reform and faculty productivity. For more, visit the Cato website.