Obama was some kind of assistant professor. Schools require a lot of junk classes taught by radical leftists like this.
More colleges charging $50,000 or more a year
Given severe budget cuts at many public schools, many state colleges and universities have boosted tuition drastically in the past year.
For a lot less, you can hire the best professors as private tutors for a superior education in less time. Then get a fake diploma. Maybe bribe a school registrar and get a real school transcript.
Even better - many (perhaps most) of these schools had tax-free earnings on their endowments last year that exceeded the amount of revenue brought in by tuition.
Or in other words, in many cases (the Ivy League schools for sure) they could have charged nothing for undergraduate tuition and still ended up financially ahead of where they were on their balance sheet the year before.
College tuitions are almost totally divorced from actual costs to the schools, and providing government subsidies (Pell grants and the like) only encourages the universities to raise tuitions even more.
Colleges will charge as much as the students are willing to borrow or as much as government will pay.
Obama was some kind of assistant professor. Schools require a lot of junk classes taught by radical leftists like this.
Today’s universities are a shadow of the concept of eduction from the Enlightenment. Instead they are manifestations of progressive socialism. In addition to unreasonable cost, higher education today suffers from:
1) The death of academic freedom. The secular humanists have taken over most institutions of higher living and bestow the benefits of tenure only on those who subscribe to their world view.
2) The tenure system permits those at the top of the hierarchy, the full professors, to carry extremely light workloads while engaging in “research and publication”, much of which lacks scholarly merit. Meanwhile the education of the undergraduate students paying $50,000 per year is shuffled off to overworked and underpaid teaching assistants and adjunct professors who have few if any benefits. Few undergraduates in large universities have exposure to the the headline professors.
3) Tuition payments are high to fund redistribution schemes. First, most universities have created huge administrative bureaucracies having little to do with educating students. Second, students from middle class and upper income families pay full tuition which is then redistributed to support generous scholarships for students deemed “disadvantaged” by the university admissions office. Third, student fees are often given to organizations whose purpose has little or nothing to do with the education mission — ethnic groups, gender advocacy groups, environmental groups, and social activists all siphon off the fees students are compelled to pay.
4) Universities no longer exist to advance knowledge and seek truth. The progressive academics running the institutions believe they already know truth and the purpose of the university is to indoctrinate students with their version of the truth. Free speech is frequently supressed on campuses if such speech is offensive to ethnic or religious groups, with the notable exceptions of whites and Christians.
5) Universities have no respect for the accomplishments of western civilization which make their existence possible.
6) University administrators accept no accountability for the quality of the product they produce.
7) There are no market pricing mechanisms limiting costs at universities. By controlling the accreditation agencies and colluding with government, academia keeps competition from developing. Plus the availability of unlimited student loan money from the federal government creates willing consumers (students) who apply no pressure on the universities to hold down costs.
The concept of education has become perverted over the past 50 years. The majority of students leave colleges and universities saddled with debt and lacking the skills required to compete in the marketplace of the 21st century. Meanwhile academics and government leaders continue to perpetuate the myth that a college education is essential to succeed in life.
Stop lending for Liberal Arts and BA degrees.
Only fund science, medical and engineering degrees.
Raise unit costs on liberal arts courses and lower them on science, engineering and medical classes.
Shouldn’t those fatcat professors take a pay cut?