The Best Paragraph I've Read:
"This school would probably not attract many of today’s Ivy League elite. But they are not the ones who require better and cheaper alternatives. It is striking how most major institutions of higher learning are many decades or centuries old, and how reluctant they are to change their models or to become significantly more inclusive.
Am I sure that my “fantasy university,” if it ever became reality, would work? Of course not. So I encourage you to come up with your own proposal. Because I am sure of this: Higher education is in desperate need of more innovation, and there’s room for more than one idea."
This paragraph comes from a Bloomberg Business opinion article titled: "At Tyler Cowen University No One Would Have Tenure." The opinion comes from Tyler Cowen. You can read the article here:
https://www.bloomberg.com/opinion/articles/2021-07-05/what-would-your-fantasy-university-look-like
Zac and Don discuss some of Professor Cowens ideas on what an ideal university would look like. They also wonder if some of these ideas could work in K-12 public schools.
Another Best Paragraph I've Read:
Al Lord, the former chief executive of student-loan giant Sallie Mae, has a complaint about higher education: The price of college is too damn high.
Paying for his grandchildren’s education in recent years, he said, left him appalled at the tuition bills that land on his desk every semester. For those who know (or in some cases, revile) Mr. Lord, that is quite the twist. He led Sallie Mae through a time of wild success and near-collapse, a period when the company put in place new practices that drove a massive increase in student loan debt starting in the early 2000s.
The sting of high tuition hit him several years back when a grandson enrolled at the University of Miami, which currently charges $75,230 a year for tuition and room and board. That is a far cry from the $175 a semester Mr. Lord recalls paying for his own education at Penn State University in the 1960s. He has also paid for the education of three other grandchildren, to attend Villanova University, University of Miami and Davidson College. The bills have approached $200,000 a head.
“It’s criminal,” he said of what schools are charging these days. He has gained sympathy for families of lesser means. “Boy, am I sure glad we saved for my grandkids. If the average income is $40,000 or $50,000 or $60,000, I just don’t know how you do it.”
This paragraph comes from the Wall Street Journal in an article titled: "Al Lord Profited When College Tuition Rose. He Is Paying For It." The article is written by Josh Mitchell. You can read the article here:
https://www.wsj.com/articles/al-lord-profited-when-college-tuition-rose-he-is-paying-for-it-11627048831
Zac and Don discuss Mr. Lord's revelation that "the price of college is too damn high." They wonder if there is anything that can bend the college cost curve.