Since we all love to discuss higher education issues, I thought this might be a fun one. This article from Inside Higher Education compares two approaches to funding university education: Elizabeth Warren’s plan, and Arizona State University’s plan to partner with corporations to deliver online education to their employees.
I have major issues with both approaches. I think Elizabeth Warren’s plan is unworkable, doesn’t do anything to hold down costs, and would have the unintended effect of decimating private colleges. The second approach seems more like a way to accomplish employee training and skills augmentation than a workable approach to financing higher education. If that model were widely adopted, I think it would exacerbate inequality. The wealthy would continue to send their children to traditional universities and everyone else would have to go work for a corporation that partners with a provider of an online learning platform.
There has got to be a better way….