A special commission of the U.S. Department of Education arrived at many of the same conclusions in a 2006 report. America’s colleges and universities, in some respects the best in the world, are failing to keep up with the nation’s growing needs. Higher education is "increasingly risk-averse, at times self-satisfied, and unduly expensive," the panel summarized. "It is an enterprise that has yet to address the fundamental issues of how academic programs and institutions must be transformed to serve the changing educational needs of a knowledge economy." … Faced with a $1 billion budget gap, Yudof pleaded with faculty and staff to take unpaid furloughs — they agreed — and pushed through a 32% tuition hike over the next two years, calling these sacrifices an investment in the future.

Read full article [here].
by David Von Drehle, Time Magazine.

Posted: November 11th, 2009, by: admin. Categories: . Awaiting Comments.