A tenured professor tells the truth about academia on his way out the door

Higher education is a vast industry about to face years a crisis. Like housing, it has expanded based on unsustainable debt. And like the American auto industry, it got fat, lazy, inward-focused, and expensive during its decades of monopoly on certification of higher end new labor force entrants. Now, with the growth of digital versions of higher education, it faces a competitor/industry entrant that has lower costs and high quality (at least potentially). After decades of raising tuition at about three times the rate of inflation, the higher education bubble looks to be popping. Philip A. Schrodt, who just retired from Pennsylvania State University after decades as a tenured professor of political science, has written a scathingly honest swan song about academic life. He is a gutsy man to do so, even on his way out the door. He is still living in the college town of State College, PA, and no doubt he will face some consequences for his truth-telling. As someone who walked...(Read Full Post)

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