Tag Archives: American College and University Presidents’ Climate Commitment

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Galloping to Insolvency

The spiraling rise of component costs in higher education is helping to inflate the higher-education bubble. One of the reasons those costs are out of control is that colleges and universities see no merit in keeping track of some of the larger ones. You cannot exercise fiscal discipline if you have no idea what you’re spending. Higher education has at least two major cost drivers that it hides from rational oversight: diversity and sustainability. In Green Acres, I wrote about a new Solyndra-li…