Tag Archives: conservative critique of higher education

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Richard Vedder on the Ills of Higher Education

Richard Vedder, a retired economist from Ohio University and fellow Innovations blogger, makes a radical, macroeconomic argument about why college costs so much in what is perhaps his most influential book, Going Broke By Degrees: Why College Costs Too Much (2004). Indeed, he goes beyond a critique of the contemporary college by wondering if we need universities at all.

He muses: “Are universities vital? Perhaps, but the process of learning and discovery existed before they came into being …