Free Republic

Neal McCluskey is an education policy analyst at the Cato Institute. American higher education is getting dangerously fat. Unfortunately, the federal government's idea of a diet is to feed colleges more and cut back on their exercise. The signs of bloat are clear. According to a recent report from the College Board, between 2004 and 2005 — what seems like the hundredth straight year — the average price of tuition grew faster than inflation. Consider some of the recent binges the money went to pay for: American University president Benjamin Ladner, whose $633,000 salary and substantial university-owned house apparently weren't...