I am all for student loan forgiveness and it should come out of the endowments of the sleazy universities that exploited dumb 18 year-olds for their student loan dollars.
Like all other bubbles, the “higher education bubble” is caused by massive debt in printed fiat money, fed to a preferred leftist political block, by politicians for political reasons.
Want to cut it down to size? End ALL federally subsidized or controlled loan programs. End the Dept of Education.
Can the universities make money by selling themselves short? Business, right?
Higher edumacation is still a good idea, just not at these Marxist captured, brick and mortar entities.
“Higher education” is nothing more than a withdrawal program from Head Start and Kindergarten for America’s retarded kiddies.
Smart Jewish culture always combines higher education with learning a trade.
More administrators than professors. Cut administrative staff to 30% of current levels. Colleges have built up amenities to attract students and professors which costs a lot in payments and upkeep.. They have plenty of classroom space. Decrease athletic teams travel and number of teams. Cut state and federal govt spending. Cut subjects. Keep STEM and classics, history, philosophy, languages, cultures, that’s about it. Any other distinctive subjects taught is on the college and students dime.
Professors salaries are small potatoes. Most of the larger universities could stand to gut a large part of their administrative staffs. Lots of Directors, etc. could stand getting out in the real world and produce real things.
High paid leftist administrators sucking at the teat.
I learn more off Youtube DIY channels.
One solution to cut costs and make college more affordable is that professors don’t need to make more than about $65.000 a year.
What do you mean? $400K a year for teaching one or two classes a term, with most of the work done by your TA is not nearly enough. Commie professors have to eat too, you know! /s
Communist indoctrination centers.
There is nothing you can learn at a university that you can’t learn for free on YouTube.
Another solution is for colleges and universities to require professors to actually teach full-time instead of passing the teaching stuff to grad students.
Bfl
“Higher education” is a misnomer. It is just higher indoctrination. It is becoming obvious that “students” are being brainwashed in the liberal ideology and not being taught critical thinking, history, STEM etc. It amazes me that parents and students pay the vast amount of money required just to be indoctrinated into Leftism.
Another solution is to remove the requirement for a college degree from many white collar jobs.
Pennsylvania's Democrat governor is actually taking the lead on this, removing the requirement for a college degree from many state jobs. Others should follow his example.
Doctors and engineers need college degrees. Someone sitting at a desk doing admin work doesn't.
It’s all the administrative positions not professors.
We will not make progress in correcting higher education until thought leaders and lawgivers are heard to frequently say, “Going to college is not for everyone; learning a marketable skill is a good option.”
And this: “State universities don’t need that much money. Let’s cut the budget again this year.”
Colleges today are nothing but Leftist puppy mills.
(and I’m a college professor saying this.......)