How To Make Higher Education Free Without New Taxes Or More Government Spending

The headline sounds too good to be true, right? In contrast to the state of play in our bad-incentives-ridden, increasingly corrupt medical industrial complex, the drivers of out of control higher educational costs are astonishingly easy to isolate, and would actually not be hard to combat. “Higher education costs” for the most part, fund everything but education. Here is the critical bit of information from this Real News Network interview with University of California AFT president Robert Samuels: as little as 10% of university budgets go to directly educating students. Samuels outlines a clear and compelling plan to end student-debt funded activity bloat.

And of course, who does this mission creep serve? The administrators! A higher level of complexity and bigger budgets justifies more and more highly paid managers, even if all the ancillary activities add little to no value to the actual educational product.

<<Two videos at link below: >>

http://www.nakedcapitalism.com/2014/02/make-higher-education-free-without-new-taxes-government-spending.html