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robertogreco : usnewsandworldreport   6

Why College Is So Expensive In America - YouTube
"College in the United States is expensive. The cost of higher education just keeps going up. Tuition costs at both public and private universities have doubled since the late 80s, while accounting for inflation.

"I think that it's so ingrained in your head that you have to go to college, that college is the next step after graduation," said Jarret Freeman, a college graduate with roughly $50,000 in student debt. "I think in hindsight, I see that college is not for everyone."

But a college education is becoming more and more necessary to succeed in today's economy. Georgetown University estimates that by 2020, 65 percent of all jobs will require more than a high school degree.

Students graduate with an average of $37,172 in student loan debt. It all adds up to $1.5 trillion across the country.

Watch the video above to learn how higher education became big business, hear from former students facing mounting debt and explore why it's so important to solve the student debt crisis."
colleges  universities  tuition  studentloans  studentdebt  money  2019  education  highered  highereducation  rankings  usnewsandworldreport  wealth  inequality  tests  testing  meritocracy  data  sat  standardizedtesting  funding 
april 2019 by robertogreco
The Persistence of the Old Regime
"This afternoon I ended up reading this Vox story about an effort to rank US Universities and Colleges carried out in 1911 by a man named Kendric Charles Babcock. On Twitter, Robert Kelchen remarks that the report was “squashed by Taft” (an unpleasant fate), and he links to the report itself, which is terrific. "

"University reputations are extremely sticky, the conventional wisdom goes. I was interested to see whether Babcock’s report bore that out. I grabbed the US News and World Report National University Rankings and National Liberal Arts College Rankings and made a quick pass through them, coding their 1911 Babcock Class. The question is whether Mr Babcock, should he return to us from the grave, would be satisfied with how his rankings had held up—more than a century of massive educational expansion and alleged disruption notwithstanding.

It turns out that he would be quite pleased with himself."

"As you can see, for private universities, especially, the 1911 Babcock Classification tracks prestige in 2014 very well indeed. The top fifteen or so USNWR Universities that were around in 1911 were regarded as Class 1 by Babcock. Class 2 Privates and a few Class 1 stragglers make up the next chunk of the list. The only serious outliers are the Stevens Institute of Technology and the Catholic University of America.

The situation for public universities is also interesting. The Babcock Class 1 Public Schools have not done as well as their private peers. Berkeley (or “The University of California” as was) is the highest-ranked Class I public in 2014, with UVa and Michigan close behind. Babcock sniffily rated UNC a Class II school. I have no comment about that, other than to say he was obviously right. Other great state flagships like Madison, Urbana, Washington, Ohio State, Austin, Minnesota, Purdue, Indiana, Kansas, and Iowa are much lower-ranked today than their Class I designation by Babcock in 1911 would have led you to believe. Conversely, one or two Class 4 publics—notably Georgia Tech—are much higher ranked today than Babcock would have guessed. So rankings are sticky, but only as long as you’re not public.

I also did the same figure for Liberal Arts Colleges, almost all of which are private, so this time there’s just the one panel:"

"The UC System is an astonishing achievement, when you look at it, as it propelled five of its campuses into the upper third of the table to join Berkeley."
rankings  colleges  universities  2014  1911  uc  universityofcalifornia  ucsb  ucla  ucsd  uci  ucd  ucr  ucberkeley  riceuniversity  duke  highereducation  highered  kieranhealey  kendriccharlesbabcock  via:audrewatters  usnewsandworldreport 
august 2014 by robertogreco
The Corporatization of Higher Education | Dissent Magazine
"If corporatization meant only that colleges & universities were finding ways to be less wasteful, it would be a welcome turn of events. But an altogether different process is going on, one that has saddled us with a higher-education model that is both expensive to run & difficult to reform as a result of its focus on status, its view of students as customers, & its growing reliance on top-down administration."

"At elite schools, 74 percent of the student body come from the top quarter of the socioeconomic scale, while just 3 percent come from the bottom quarter."

"The professor who takes time out from teaching & research to devote him- or herself to administration for a few years increasingly is an anachronism. A new, permanent administrative class now dominates higher education."

"In the last forty years…[faculty grew by] 50 percent…number of administrators has risen by 85 percent and the number of staffers required to help the administrators has jumped by a whopping 240 percent."
administrativebloat  administration  bloat  middlemanagement  tuition  admissions  top-down  hierarchy  corporatization  competition  2012  nicolausmills  usnewsandworldreport  us  priorities  rankings  wealth  finance  money  highereducation  highered  education  via:sebastienmarion  corporatism 
november 2012 by robertogreco
Teachers Without Students | First Things
"Here’s an arresting statistic that economist Richard Vedder thinks goes a long way to explaining the rapid rise in college tuitions: 80% of faculty at the University of Texas, Austin teach fewer than half the students. In view of the fact that faculty salaries make up the largest expense at the university, one simple change would reduce tuition. Get the 80% back into the classrooms.<br />
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Vedder anticipates the objection that forcing the bulk of professors into the classroom will harm the research mission of the university. His most devastating response is again a simple statistic—20% of faculty account for 99.8% of external research grants and funding. That leaves 60% of faculty who have very low teaching loads whose research—or in many cases lack of research—is financed by the general operating budget of UT. His proposal: have them teach two classes each semester, adds up to 200 hours per year in the classroom. As they say in Texas, that ain’t too bad for a payin’ job."
education  teaching  politics  economics  universities  highereducation  highered  academia  higheredbubble  faculty  via:lukeneff  2011  utaustin  tuition  rankings  usnewsandworldreport  reputation  quality  teachingfaculty  yaledisease 
july 2011 by robertogreco
Online University Reviews: Top 12 Criticisms of The US News College Ranking Formula
"Flawed Methodology, Pedigree Wins Over Value, "One Size Fits All", Not Thorough, Data Incorrect...Colleges Manipulate System/Punished for Not Participating/Feel Pressured, Unqualified Judges, Rankings Change Erratically, Only for "Traditional" Students"
colleges  rankings  universities  usnewsandworldreport  criticism  ratings  education 
july 2008 by robertogreco

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