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The Black Hole of Higher Education

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ONE OF THE GREAT growth industries in America in the second half of the 20th century was higher education. Prior to World War II, there were only 1.5 million students enrolled in some 1,700 colleges and universities. Spending per student was about $450. By the late 1990s, the student population had grown to 14.4 million students, enrolled in 3,700 colleges and universities. Spending had grown to roughly $15,000 per student. Federal and state governments lavish subsidies on higher education. The Feds provide billions in college loans and grants; the states do their part with low tuition that covers only a fraction of the cost of providing the educational services. (Vermont is the least profligate, with tuition covering 78 percent of the cost. California is the most profligate, with tuition covering only 16 percent of the cost.) The explosive growth of higher ...

Private: LIBERTARIANISM

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FFF EMAIL UPDATE ARCHIVES Welcome to the archives of FFF Email Update. Six days a week, FFF sends out a free email newsletter containing original commentary and news articles on current events. Below you will find an indexed archive of all of the non-FFF articles that we linked to in every issue of Email Update. If you wish to find FFF original articles that might have appeared in Email Update, please visit our Search by Issues page. Please note that as some of the articles in the archives become older, the newspapers that host them may take them down or move them into a fee-based archive. In addition, many papers including the New York Times and the Washington Post require that you submit some personal information before reading their articles. Relinquishing that information is, of course, up to you. Back to the news archive.