Year: 2018

college endowments

The College Endowment Tax: A Good Idea, Sort of…

Starting next January, some 35 very wealthy private colleges and universities will start paying an annual 1.4 percent college endowment tax under the new tax reform law. That’s very few of the nation’s institutions of higher learning, and the tax will not apply to assets that directly contribute to an educational purpose. When you hear […]

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What Professors Ought to Tell Students

We professors should transmit to our students three simple but ancient truths: (1) in many important matters in our fields, the ignorance of experts vastly exceeds our knowledge. (2) Much of what we think we know is hard to verify and may well be wrong. (3) We, and the materials that we will assign and […]

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Student loan debt

Why College for All Is A Big Mistake

More and more Americans are going on to post–high school education, encouraged to do so by both governments and nonprofit organizations. According to the U.S. Department of Education, for example, “In today’s world, college is not a luxury that only some Americans can afford to enjoy; it is an economic, civic, and personal necessity for […]

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Is Half of College Education Wasted?

Trigger Warning: If you fancy yourself smart enough to understand complex social science, Bryan Caplan’s book, The Case Against Education: Why the Education System is a Waste of Time and Money, may lower your self-esteem. This is a serious, “academic” effort, six-years-in-the-making, and while Caplan, an economist at George Mason University and the Cato Institute, […]

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Pensive woman by Eugene Kukulka

Sexual Abuse Gets a Free Pass on Campus

Amid the tidal wave of sexual abuse allegations against powerful individuals in politics, sports, the media, the entertainment industry, and in academia, one stands out because it has not inspired the kind of collective outrage that the others have. Ithaca College’s new President, Shirley M. Collado, was accused—and convicted—of sexually abusing a female patient in […]

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Jordan Peterson

Jordan Peterson and the Lobsters

Not many academics use lobsters as a stepping stone to fame, but Canadian psychologist Jordan Peterson just did. Last week, he was being questioned by a British journalist named Cathy Newman in what may have been one of the most maladroit interviews in the entire history of journalism. Every time Peterson made a point, Newman […]

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The New Campus Anti-Americanism

I have a cabin in the Green Mountain National Forest in Vermont. The woods– lovely, dark and deep–weren’t always woods. About 150 years ago the hills in central Vermont were stripped bare of trees and mostly turned over to sheep farms. The wool industry, however, soon moved west, and these days Vermont is completely re-forested. […]

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The Surprising Strength of the Millennials

Millennials, perhaps our most insulted generation, have taken quite a heavy beating, both in the media and parts of academia. They are “the snowflake generation,” (fragile and overprotected)’ the dumbest generation” (Mark Bauerlein) the “most narcissistic generation” of all time (Jean Twenge in her book Generation Me), “lazy” and “entitled” (in a Time cover story), […]

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Koch Money Is No Good, Even for Left-Approved Causes

John Jay College for Criminal Justice in New York says it will not solicit donations from the Koch brothers and their affiliated groups because of campus opposition from the left, according to a report last Saturday in the New York Post. The John Jay protest against the Koch brothers “is ironic, since their organizations have […]

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Did the Right ‘Weaponize’ Free Speech?

Joan Scott, professor emerita in the School of Social Science at Princeton, has been arguing that the great threat on academic freedom comes not from the smothering blanket of political correctness or the violence-laced actions of left-wing protesters, but from the anti-intellectual right. Scott’s interview in the Chronicle of Higher Education, “How the Right Weaponized […]

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The Devious Plot Against the Universities

Conservative rationalist Karl Popper wrote in The Open Society and Its Enemies that “unlimited tolerance must lead to the disappearance of tolerance.” In a society that tolerates intolerant forces, these forces will eventually take advantage of the situation and bring about the downfall of the entire society. The philosophical foundation of this belief can trace its roots to Plato’s ideas […]

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Popping the Higher Education Bubble

Nearly a decade ago, my then colleague Andrew Gillen suggested that one could say that higher education was in a bit of a “bubble”: over-exuberant “investors” in human capital, better known as students, were potentially misallocating their resources, becoming increasingly underemployed after graduation, leading to adverse financial consequences. In the private sector, bubbles, like those […]

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Colleges’ Double Standards: Taking Soros’ Money, Rejecting Koch’s

Continuing its attack on what it calls the “politically tinged” philanthropy of the Charles Koch Foundation, The Chronicle of Higher Education followed-up last year’s essay entitled, “How Right Wing Billionaires Infiltrated Higher Education,” with last month’s “Think You Know What Type of College Would Accept Charles Koch Foundation Money? Think Again.” Left-wing billionaires like George […]

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A New Campus Ailment–White Civility

Already suffering from white privilege and white fragility, some of America’s 260 million white people picked up The Wall St. Journal yesterday and discovered they were suffering from yet another unsuspected ailment—civility. As explained in a Journal op-ed by journalism professor Steve Salerno, “whiteness informed civility” gives whites the impression that they can conduct conversations […]

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How Identity Politics Boosts College Conservatives

One might call it an occupational hazard. A teacher hears someone say something critical about students in general and has an immediate response: “Not MY students.” It shows a particular form of identification. The teacher assumes the role of defender of the youths as if being their teacher entails being their advocate. It’s also a […]

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digital visualization of a dollar symbol

Taxing the Campus Plutocrats

One provision in the new tax legislation is going to give scores of colleges and universities a lot of heartburn –the 21 percent federal excise tax on compensation of employees making $1 million a year or more. The idea of extra taxes on supersized salaries is not new: private corporations have paid excise taxes on […]

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