Thread by @RWPUSA

This is an excellent analysis of misguided federal higher education funding priorities since the 1970's.
Wealthy private institutions get wealthier, public institutions struggle to keep up, tuition everywhere skyrockets and the USA falls further behind.
researchcghe.org/publications/w…

"Among institutions named in the [1972 Carnegie Report on Higher Education] as being in financial trouble or hardship were Stanford University, Tulane University, Boston College, New York University and Harvard."
Huh?
At least it was a good story line for getting federal funds.

The private colleges got what they wanted: The 1972 Higher Education Amendments opted for direct aid to students (most of it subsidized loans not grants) instead of direct federal aid to public colleges. Tuition skyrocketed at private colleges with public colleges soon to follow.

"Universities such as Washington University in St Louis, Tulane University and the University of Chicago all have lower percentages of Pell-grant and low-income students than they did in the 1970s even though these universities are located in cities with very high poverty rates."

We know what to do in higher education but Congress won't do it: Free or low tuition at public colleges (as in much of the rest of the world), more federal support for higher education, tax big endowments and get ultra-wealthy private universities off the federal gravy train.

This university president makes $4 million a year (about 20 times the Governor of Pennsylvania). She's been nominated to be U.S. Ambassador to Germany. All the German university presidents must be eager to learn how she does it....
thedp.com/multimedia/amy…