Not clickable: Congress Subcommittee Review of Tax-Exempt College University Endowments

Congress & the Myth of Big Endowments

BY BRIAN C. MITCHELL On September 13, a House subcommittee holds a hearing that, according to Janet Lorin in Bloomberg , “is set to look at how colleges, through their tax exempt endowments, are trying to reduce tuition.” The subcommittee hearing features testimony from policy experts and college officials. It’s an interesting time to examine college endowments. As Ms.…

Michigan—Like Ohio, But Somewhat Worse

POSTED BY MARTIN KICH The Michigan League for Public Policy has issued a report on the funding of public higher education in the state. The full report is available here: http://www.mlpp.org/wp-content/uploads/2016/09/Back-to-school_2016.pdf.   Writing for Michigan Live, Brian McVicar provides this summary of the report’s most salient findings: “Michigan has failed to adequately invest in higher…

Next Berkeley Chancellor Must Rebuild Trust

POSTED BY HANK REICHMAN “We need a chancellor who will not be engaged in the doublespeak of proclaiming UC Berkeley’s preeminence as a public university while simultaneously insisting on marketizing every aspect of its existence. We need a chancellor who does not believe that the negative impact on educational access and the quality of our…

Higher Ed as a Public Good

BY MARTIN KICH University Business has published an article that initially caught my eye because of its title–“A Pillar of the American Dream: Higher Education as a Public Good.” But what really caught my eye was the list of co-authors: Lloyd A. Jacobs is president emeritus and professor at the University of Toledo; Janine E.…

Chicago Teachers Warn of Strike

POSTED BY HANK REICHMAN The following is a partial transcript of Chicago Teachers Union President Karen Lewis’ remarks at a news conference yesterday in response to the new Chicago Public Schools budget: I am Karen Lewis, president of the Chicago Teachers Union. I am joined by fellow officers, Vice President Jesse Sharkey and Financial Secretary…