Thoughtful Post by V Santhakumar

V Santhakumar, a Professor at Azim Premji University sent me a link to his post,

The Urge to Build `World Class’ Universities: A Reality Check.

I recommend it to readers.

Of Course They Operate Like Businesses – They ARE Businesses

Source: Endowments Boom as Colleges Bury Earnings Overseas - The New York Times I commented. I’m a former math professor who taught at Washington U. in St. Louis. From my vantage point, It is a sad statement for our society that this article is … [Continue reading]

A Graph Worth a Lot WSJ

Source: College Costs Continue to Edge Higher - WSJ I commented. It's important to understand that colleges, not only use discriminatory pricing ("discriminatory" in its economic sense), but advertise a high tuition for branding purposes. Here is … [Continue reading]

Maybe We’ve Been Thinking About the Productivity Slump All Wrong – The New York Times Me: You Betcha

Source: Maybe We’ve Been Thinking About the Productivity Slump All Wrong - The New York Times Here is what I wrote To paraphrase a politician, “It’s the education, stupid.” But, don’t we have the greatest universities in the world? Yes, but … [Continue reading]

From “Student Consumerism” to “Student Markism”

Clark Kerr famously noted a "...shift from academic merit to student consumerism...". Since Kerr's observation (1980) we have shifted from "students" as "consumers" to "students" as easy "marks", as in a "mark" in a con game. (There are many … [Continue reading]

As Paperwork Goes Missing, Private Student Loan Debts May Be Wiped Away – The New York Times

Source: As Paperwork Goes Missing, Private Student Loan Debts May Be Wiped Away - The New York Times I just had to comment on one aspect of the story. "... Here is the outrageous lie in this whole story: "...'Everybody tells you to go to … [Continue reading]

David Brooks See the Symptom – But Not the Disease

Source: Mis-Educating the Young - The New York Times Here is my comment. You have described the symptoms well, but you have missed the disease. The disease is letting higher education operate as a market economy – while assuming that, as a … [Continue reading]

Take on the 800-lb Gorilla

Source: US workforce: paying young Americans to learn the right skills I made the following comment. Someone has to take on the 800 lb gorilla.  I have seen it in action up close and Bill Gross has pointed out that it really is an 800 lb … [Continue reading]

“America’s Broken Democracy” by Jeffrey D. Sachs Misses the Main Point: Money Can’t Trick Education, at Least Not So Easily

Source: America’s Broken Democracy by Jeffrey D. Sachs - Project Syndicate Here is the comment that I posted. Thomas Jefferson saw clearly how to prevent the system being overcome by what he called "kings, priests and nobles". Here is what he … [Continue reading]