August 5, 2022   •   By Dennis M. Hogan

Bankers in the Ivory Tower: The Troubling Rise of Financiers in US Higher Education

At the top, elite private university leaders could use their baseline endowment wealth and prestige to pocket student loan–financed revenue as gravy for their bounty of investment returns. […] At the bottom, investors bought and expanded low-status for-profit colleges to use federal student loan programs for enrolling millions of additional students from low-income households and communities of color. […] In the middle, less-selective colleges lost taxpayer funding to tax subsidies for elite endowments and federal student aid subsidies to for-profit colleges. Squeezed for resources, these schools also turned to student loan–financed tuition for revenue.

Grotesque Inequity: Christopher Newfield on Higher Education

Christopher Newfield on the shift from public to privatized higher education, the imbalance in university funding, and how it's worsening our social crisis....

Demographic Realism and the Crisis of Higher Education

Demographics isn’t destiny, it is simply the most recent version of a long line of self-serving administrative ideologies....

What We’re Owed: John Warner on the Future of Higher Education

Ryan Boyd reviews John Warner’s latest book, “Sustainable. Resilient. Free.: The Future of Public Higher Education.”...

Whose University Is It Anyway?

Can higher education be saved from the all-administrative university?...

TO READ JULES BARBEY D’AUREVILLY’S stories is to be swept into the mind of a man with particular obsessions. The six stories in Diaboliques, first published in 1874 and which appears from the University of Minnesota Press in a ...

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