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Craig Hafer's avatar

A fair assessment, but does not explore the role that faculty has played in creating this issue. Presidents of universities often have their hands tied by faculty who are driving a lot of these issues.

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Brent Nyitray's avatar

College tuition has increased at 3x the rate of inflation for the past 40 years as the ratio of administrators to students have skyrocketed.

Textbooks have increased at the same rate, despite the fact that technology has decreased the cost of the written word. Colleges blame new editions, but basic derivative calculus hasn't changed since Issac Newton.

Meanwhile, higher education is a negative-NPV financial transaction for most non-STEM majors.

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