Student enrollment dipped at the beginning of the pandemic, but the numbers went from bad to worse a year later. As Inside Higher Ed reported, spring undergraduate enrollment fell almost 6 percent compared to last year—with a 11 percent decline among community colleges. Colleges lost younger students between 18 and 20 the most: their enrollment … Continue reading “Did You Know? College Enrollments Fall Again”
Most businesses and the general public had a brutal year in 2020—perhaps with the notable exceptions of Zoom and toilet paper manufacturers. Universities suffered as well, with enrollment drops and budget cuts forcing them to freeze hiring and salaries, furlough faculty and staff, and restrict spending. Some colleges even went insolvent, with many others on … Continue reading “The Trouble with Faculty Hiring Booms in a Politicized Time”
TANSTAAFL. There Ain’t No Such Thing As A Free Lunch. That’s the pithy way that economists convey the idea that there are always costs associated with the goods and services we consume. Some resources, if only our time, had to be expended so we could enjoy them. Despite foolish talk from politicians about giving us … Continue reading “New Study Analyzes the High Cost of College”
Everything that the UNC system and its constituent institutions do is dependent on a generous inflow of money. In fiscal year 2020, the UNC system received $10.2 billion in revenues, excluding revenues for UNC hospitals. Where does all that money come from? By far, the state of North Carolina is the system’s largest source of … Continue reading “Did You Know? Where UNC System’s $10 Billion in Revenue Comes From”
What is the value of a liberal arts education? At a time when parents are wary of taking on loads of debt to finance their children’s college degrees, it was inevitable that the language of the market would become more pronounced, especially during a pandemic. For my money, the cleverest answer came from a former … Continue reading “The Liberal Arts: What We Don’t Know”
A new leader took the helm of the University of North Carolina system during a tumultuous time. In the midst of a global pandemic, Peter Hans was elected UNC system president on June 19, 2020 and assumed the role in August. The position was previously held by interim president Bill Roper, who stepped in after … Continue reading “A Conversation with UNC System President Peter Hans”
Over 20 percent of college students come from lower-income families, according to Inside Higher Ed. These students face the worst effects of school closings due to the pandemic—whether they’re in high school or college now. Elementary school students may be even worse off. Yale economist Fabrizio Zilibotti co-authored a study that found: Pandemic-related school closures … Continue reading “Did You Know? The Students Hurt Most by School Closings”
It’s no secret that higher ed reformers have struggled to offer a compelling alternative to free college and loan forgiveness offered from the left. This failure is partially because conservatives and libertarians are usually on the defensive about higher ed policy. In response to that problem, the American Enterprise Institute organized a panel discussion titled … Continue reading “What Policies Are Conservatives Actually For in Higher Education?”
As a public institution, it’s vital that the University of North Carolina system is transparent with how it spends its money. As a form of accountability, the system is required by state law to provide publicly accessible financial data. In fiscal year 2020, the UNC system spent $9.7 billion, a total that excludes expenditures by … Continue reading “Did You Know? How the UNC System Spends $10 Billion”
The loss of public trust in universities that has risen to front page news did not suddenly emerge in 2020. In 2018 the non-partisan Gallup organization found that, for the first time, less than half of Americans have “a lot of confidence” in higher education. Even more pointedly, Gallup reported that “No other institution has … Continue reading “Why Liberal Arts Colleges Are Failing and How to Revive Them”