To: FJB who wrote (779956 ) 4/16/2014 8:42:12 AM From: Bilow 1 RecommendationRecommended By FJB
Respond to of 1574267 Hi FUBHO; Re higher education's future; One of the guys I know (a physicist in academia) hands out copies of a book that shows that the nation's higher education is in a very long term bubble but is on the verge of collapse. The central idea is that the education it provides is no longer worth anything close to the cost. And this will bankrupt the students and the government. The book is by the "Instapundit" (Glenn Reynolds, a U. Tennessee law professor) and you can buy a copy of it here:The Higher Education Bubble America is facing a higher education bubble. Like the housing bubble, it is the product of cheap credit coupled with popular expectations of ever-increasing returns on investment, and as with housing prices, the cheap credit has caused college tuitions to vastly outpace inflation and family incomes. Now this bubble is bursting. In this Broadside, Glenn Harlan Reynolds explains the causes and effects of this bubble and the steps colleges and universities must take to ensure their survival. Many graduates are unable to secure employment sufficient to pay off their loans, which are usually not dischargeable in bankruptcy. As students become less willing to incur debt for education, colleges and universities will have to adapt to a new world of cost pressures and declining public support. amazon.com In physics education, what I see is a steady decrease in physics content in favor of crap that should be covered, if at all, in other classes by other departments. It's tough enough to get sophomores to understand Newton's laws. We shouldn't also have to teach them how to write. -- Carl