Phi Beta Cons

Public Investment in Higher Ed

Here’s an op-ed in the Rocky Mountain News on the extraordinary support that higher education enjoys in this country. It says: ”When health-care costs rise at double the inflation rate, intellectuals understandably knit their brows.  When higher-ed costs outstrip inflation (as they do year after year), the only ones who complain tend to be powerless parents and students.”
Richard Vedder is quoted: “with the possible exception of prostitution, teaching is the only profession that has had absolutely no productivity advance in the 2,400 years since Socrates taught the youth of Athens.”


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