I went to China to teach corporation finance and investment finance, two basic introductory classes taken by most business majors. Upon arrival in Chengdu, I discovered that there were no students enrolled in corporation finance, but they didn’t have anyone to teach accounting or business law. Could I?
Blog
Tag: paying for college
Paying for College: Not Everyone Should Go, But . . .
Higher education is expensive. The cost is especially high for people who attend for a while, then drop out. They incur the costs but not the benefits, and it’s got to be demoralizing, too. Not everyone should go to college. Certainly, not everyone should go to college at age 18. I believe this. Still, it… [Read More]
Paying for College: Looking at the Donors
America’s universities are mostly funded by private funds: tuition and donations. Yes, even private universities receive government funding, but the volume of state and federal dollars has been steadily declining. Who provides the money, and how much they give, affects the amount of non-loan financial aid available, what you get for that money, and how… [Read More]
Paying for College: What’s the NCAA worth, anyway?
I’ve talked about athletic scholarships here before, and I want to revisit them in the wake of the Penn State scandal. All the programs operate at the whim of the NCAA, which has a twisted sense of priorities. Money screws up everything, and if your kid is in a position for an athletic scholarship, you… [Read More]
Paying for College: What Are You Buying, Anyway?
The big story in higher education circles last week was the firing and rehiring of Teresa Sullivan, the president of the University of Virginia. The ostensible reason for the firing was that she was not reacting quickly enough to the changing educational marketplace. But, of course, it’s hard to say what the right course of… [Read More]
