Posted by ryan_j_naughton 1 day ago
How do you think we arrived at the current model?
Nothing! There are also a lot of vocational schools.
Maybe we'll see some unbundling but I doubt it.
Who wants to learn Circuit Design from a college with a lab from the 1980s? As opposed to one publishing research papers on the newest techniques?
What better way to get Alumina donations than giving them a tribal ties to the institution with sports teams?
I have generally found that US Americans don't really understand the incredible value that these institutions bring to the overall culture and economy. Thus the broader population has a will to critique but no will to improve the situation.
We're a lost bunch.
And proposed some restructured institutions, but also saying that solutions were likely to be greenfield rather than changing existing model with the intwined revenue streams and battle inherent in change.
That’s what I told students, when I taught physics for several years during my PhD.
Even back then you could look up solution templates for most of the problems: There are only so many educative small problems that first semester students can solve.
On the other hand: No one studies physics just for a degree and money. So maybe that problem is not as present there, as it is elsewhere.
The US would have no problem affording that education, if it just considered taxing the richest members of its society a reasonable amount, as it did in the past.
The USA has about the most progressive taxes of all the OECD countries. In the United States high earners pay high taxes and pay a heavy share of the federal tax burden, while lower- and middle-income households pay comparatively little in direct federal income tax and there is no national consumption tax. In other OECD countries the high earners pay high taxes, but the poor and middle classes also pay high taxes including a 15%–25% national sales taxes (VAT). The US would have no problem affording that education if its tax policy was similar to all the other OECD countries, but that is not a choice voters have made.
https://www.oecd.org/content/dam/oecd/en/publications/report...
I mention both rates and "fraction of GDP" because rates can't be spent.
The maximum take is around 20%, regardless of rates, and we're there now, and have been for decades.