Colleges and universities transformed into mini-investment banks for private capital construction loans while students and faculty pay the socialized costs through higher tuition and lower wages and benefits

Picture of Harvard University Part One   I have been following the cascading financial crisis with some interest especially as it pertains to the business of higher education — and what a business it is!  The Wall Street ‘crisis’, or bankster fraud, has not only changed the economic geography of Wall Street, housing, credit, health […]

Lessons in Education from South Carolina?

My home state of South Carolina has achieved a regrettable pop-culture status as the focus of recurring jokes on Jon Stewart’s The Daily Show. But as I discussed in a scholarly piece in the late 1990s, criticism of SC is not uncommon; in fact, part of my discussion over a decade ago centered on candidates […]