YES! It’s the next big financial bubble to burst.
72%
YES! Students can't build wealth with so much debt.
28%
Asked on Aug. 2, 2013 12:23 pm
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Thom's Blog Is On the Move

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Thom's blog in this space and moving to a new home.
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At Mondragon - both the mountain and the cooperative city - in Spain (written about in "Threshold" book)
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We can make higher education affordable for all by ending the "trophy" positions with re-organization. We do not need a board of regents or chancellor on every campus. State universities could be better served with a state board. Remove the politically appointed real estate developers running our universities. Find those with an actual vision for higher learning. Invest more in solution science and less in discovery science.
We do not need 5 million dollar football coaches with their million dollar assistants. Tenure should end after 15 years. End the emmeritus program. When did higher education include a social program for retired professors? End payouts for political speeches. Sacremento state paid Palin $65,000 to speak. What possible enlightenment could she bring to the students? A recipe for jellied moose lips? There isn't a professor alive worth $350,000. Their exploited teaching assistants do all the teaching. They just talk. Who do you think pays for all these "trophy" positions? This enormous debt by students paid for all of it. Notice all the career politicians who fill these positions.
We can make higher education affordable. Education treasury bonds is the best instrument for payment by students. Remove the banks from exploiting this failed system. Allow a check box on our income tax form to go to the education treasury bond fund. High school students can earn these bonds with credit from grades and community service.
I urge the emmeritus professors to form free schools to allow free thinking much in the way as the early greek scholars.