Unprofitable Schooling: Examining Causes of, and Fixes for, America’s Broken Ivory Tower

1. Unprofitable Schooling provides a sober and informative assessment of the state of higher education, critically covering historical assumptions, increasing government involvement, reflexive aversion to profit, and other, maybe unexpected, conclusions.
2. Each chapter explores how the lessons learned from market competition in other sectors of the economy can be applied to higher education in order to bring about innovation, improved quality, and lower costs.
3. The opening section offers a history of for-profit education before the Morrill Act—the federal legislation that funded land-grant universities; reviews the Act’s impact; and concludes with an exploration of federal student aid and how it prevents new funding options from entering the market.
4. He is the author of the book The Feds in the Classroom: How Big Government Corrupts, Cripples, and Compromises American Education (Rowman & Littlefield, 2007) and is coeditor of Educational Freedom: Remembering Andrew Coulson, Debating His Ideas (Cato Institute, 2017).
5. Section two examines higher education as it stands today—what is driving up college prices; tenure; administrative bloat; and university governance.

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