“…Since the value of a degree from a selective institution depends on its scarcity, good universities have little incentive to produce more graduates..” (From <http://www.economist.com/news/leaders/21647285-more-and-more-money-being-spent-higher-education-too-little-known-about-whether-it>) which may be why, even though “…Technology offers the promise of making education both cheaper and more effective, but universities resist adopting it…” (From <http://www.economist.com/news/special-report/21646985-american-model-higher-education-spreading-it-good-producing-excellence>)
Why So Few Online Courses? Quotes From “The Economist” 3/28/2015 Edition on Universities
March 28, 2015 by
Graph in The Economist is flawed
March 17, 2015 by
Technology and universities: The log-on degree | The Economist. This graph shows an increase from 1992-2015 of almost 100%, but that is the increase in advertised tuition. The true, or net, increase is 22%. There is a link to the data on my blog (inside-higher-ed ) in the post “How the Government Exaggerates the Cost […]
Teacher recruitment: High-fliers in the classroom | The Economist
February 14, 2015 by
Teacher recruitment: High-fliers in the classroom | The Economist. My comment: I’m a former math professor and have seen how the corrupted American system of higher education has caused so much of high school education to be a sham. That’s right, higher ed dumbs down lower ed. Here is one important way. For decades, […]
Education First? or, Endowment First?
March 1, 2014 by
There is a new post on the Economist site (http://www.economist.com/blogs/freeexchange/2014/02/higher-education-0) that discusses new research on how universities spend their endowments when times are hard, and when times are good. Essentially, they “hoard” as much as possible, no matter what. The article summarizes the paper better than I can here. I also recommend looking at the paper. […]
The Way Out of a Political Paradox
My point in this post is not political in the sense of being for, or against, any party, candidate, or philosophy. I did post it though in response to a paradox that The Economist pointed out in the last paragraph of this article, What Elizabeth Warren wants | The Economist (I think the post is self […]