About 40 million people owe over one trillion dollars in student loans. Bill Gross, the most successful bond manager ever, and the founder of PIMCO (the largest bond management company in the world), gave this explanation: "...Universities are … [Continue reading]
Chinese Firms Reject American Degrees
I have argued in this blog that far too many of our universities are delivering degrees but not education. This is even true at many "elite" universities. (See the book Academically Adrift for data that show how much worse university education has … [Continue reading]
Oregon College Funding Plan May Have Potential
Instead of paying tuition, students will pay into a fund after graduation. The plan is reported in today's Wall Street Journa. … [Continue reading]
New Comment On NY Times
This NY Times blog does have some new thoughts, in that it addresses the value of college as a public good. My only complaint is that, yes, in spite of wasting a lot of money and futures, you can still add up to an overall public good; but, you … [Continue reading]


Thank The Chronicle of Higher Education for their New Blog: “The PH.D. Placement Project”
The Chronicle of Higher Education is working to accumulate and publish data on Ph.D. placement. It is a vital and important task. Here is the link to the blog. http://chronicle.com/blogs/phd/ It is a start. Unfortunately, it is … [Continue reading]