The Best of Times, The Worst of Times...
By Richard K. Vedder
This article appeared in the Winter 2022/23 issue of The Independent Review.
American higher educations strong points include research excellence and a decentralized structure, but it is increasingly expensive and inefficient, time spent by students on academics continues to ebb, while academic freedom and intellectual diversity erodes. This essay predicts that residential colleges and universities will survive (possibly with significant changes in the form of educational delivery)and lists a slew of predictions, including a weakening of tenure and an expansion of federal control.
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Richard K. Vedder is a Senior Fellow at the Independent Institute, Distinguished Emeritus Professor of Economics at Ohio University, and author of Restoring the Promise: Higher Education in America.