The Financial Predicament of Higher Education—Or A-Whoring We Will Go (I)
Administrators of private colleges throughout the land have spent, are spending, and are due to spend many-waking hours and many sleepless nights worrying about financing their schools. It is good that they should worry a little bit—it is good for the schools and it is good for their souls— but they are made to worry too much. Serenity seems always outside their reach, and their concern—and their lives—have become hectic. They suffer, and education suffers. And teachers, the principal victims, are made to get along with ignominious stipends. The situation does not improve.
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