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Universities Are Vocational Schools

Why do students go to college? A new poll has a one-word answer: money. That’s one of the findings in a broad Gallup survey of college admissions officers done for Inside Higher Ed. The admissions officers seem to believe that those planning to attend college view it largely as a signaling device that directs the best […]

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The Problem with Bonuses for Masters Degrees

Carol Howley, a nursing instructor at Chicago’s Richard J. Daley College, pocketed $307,000 in extra salary over the years by enrolling in doctoral classes at Chicago’s Rush University and receiving her doctorate. There’s only one problem, though: Rush has no record of Howley’s attendence. Cook County prosecutors recently indicted her for theft of government property. […]

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Should We Pay Students to Graduate?

College is supposed to last four years, right? However, only 31 percent of entering freshmen at U.S. colleges and universities manage to graduate in four years, and only 53 percent obtain their bachelor’s degrees within six years. Indeed, the six-year figure–which typically entails a 50 percent increase in overall tuition–has become so common that it’s […]

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Why College Still Matters

A growing chorus of critics says a college education is finished as the ticket to economic success and a middle-class life. The economy of the future, these critics suggest, actually requires far fewer college-educated citizens, because the U.S. economy is generating tens of thousands of jobs that require little or no higher education.  In essence, the […]

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College Presidents–Do They Make Too Much Money?

The Chronicle of Higher Education‘s recently released annual survey of the salaries of university presidents provides empirical support for the proposition that higher education today appears to be less about achieving lofty goals like disseminating knowledge, building character, promoting virtue and expanding the frontiers of what humans can do than it is about something far more mundane: keeping […]

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A Terrible Time for New Ph.D.s

“If I don’t succeed in academe, I’ll die!” So read the anguished headline of a Jan. 23 cri de coeur to Salon magazine’s advice columnist, Cary Tennis. The writer was a woman who had apparently spent eight years acquiring a Ph.D. in anthropology, plus another seven years trying unsuccessfully to get an entry-level tenure-track professor’s […]

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The ”Pay Cut” Crisis

Both the Chronicle of Higher Education and Inside Higher Ed have reported on a newly-released study regarding faculty salaries from the College and University Professional Association for Human Resources. Both articles highlight how, in the past year, around a third of professors around the country have seen their salaries reduced. (Only at private, research universities […]

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Two New Stories And A Job Notice

Santa Cruz, Ca.–As California works to plug an epic budget shortfall, severe budget cuts are threatening the twin qualities — excellence and access — that have defined the University of California as the world’s leading public research university. At UC Santa Cruz, faculty, students, and staff worry about the impact the state’s financial meltdown is […]

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Engineering Is Your Path To Success

Almost all of the best-paying undergrad degrees by salary are in engineering, the Huffington Post points out in a gloss on the PayScale rankings of degrees by average salary.

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Some More Advice

“How To Pay For College As An Adult” from Forbes

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How Much Do Different Grads Make?

Curious about the starting and mid-career salaries of graduates of different colleges? Wonder no longer. Check out an interesting list at Payscale. Yes, Amherst is higher than Auburn, but there are some surprising results.

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Do Elite Colleges Produce The Best-Paid Graduates?

The New York Times poses the question. I’m not going to tell you the answer – take a look for yourself.

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A Tangled Web At Berkeley

In his Prologue to the Canterbury Tales Geoffrey Chaucer distills the betrayal of trust by corrupt public servants into a memorable expression: “If gold rust, what shall iron do?” This is the metaphor that his honest parson lives by, and it reflects on the venal churchmen among the pilgrims who betray the ideals of the […]

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Why University Presidents Make So Much, And Why They Shouldn’t.

The Chronicle of Higher Education’s annual survey of executive compensation in Higher Education was released today, and, as usual, remarkable for its upper reaches. Median salaries at public universities increased by 7.6% in the past year, delivering such plum earnings as Ohio University’s $1,346,225 Presidential compensation, or the University of Michigan’s $760,196. Not so bad […]

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How To Make Millions In Academic Administration.

Gordon Gee, president of Ohio State University since October 2007, holds the record for heading the most universities in America. Here’s Gee’s history at the helms of U.S. institutions of higher learning: West Virginia University (1981-1985), University of Colorado-Boulder (1985-1990), a first round at Ohio State (1990-1997), Brown University (1997-2000), Vanderbilt University (2000-2007), and now, […]

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How Much More Do The Ivy Leaguers Earn?

The Wall Street Journal reports on a new survey of 1.2 million bachelor’s degree holders, which reveals significant variations in average salaries of different graduates. Ivy League graduates earned a median starting salary 32% higher than average liberal arts college graduates, and, at ten year’s distance, earned salaries 34% higher than average liberal arts college […]

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