Via LLRX – After the Ivory Tower Falls: A Book Review – Among the main strengths of this important, highly readable book, says David H. Rothman, is its history of how we got into the mess in the first place. We blew our chance by not making higher education more of a tax-supported public good with academic values prevailing over commercial ones. The GI Bill and other measures helped, but what if the aid had been even more extensive with far less reliance on the marketplace? Even elite Ivy schools got caught up in the mania—wildly overpaying administrators and indulging in ever-more-expensive dorms and gyms and other luxuries to compete for the students from well-off families most likely to donate. So much for the poor and middle class, even with scholarships. The result was that America squandered brainpower.
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