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Been finding a few articles on the end of universities recently.

1) Universities will be “irrelevant” by 2020, says professor. This doesn’t say much that is new (“institutions that do not adapt will will out to those that do”), and I’m still waiting for all these universities to go belly-up and for students to take courses by iPod.

2) Seeing things as they really are. A Forbes article on Peter Drucker and his predictions:

“Thirty years from now the big university campuses will be relics. Universities won’t survive. It’s as large a change as when we first got the printed book. “Do you realize that the cost of higher education has risen as fast as the cost of health care? And for the middle-class family, college education for their children is as much of a necessity as is medical care—without it the kids have no future. “Such totally uncontrollable expenditures, without any visible improvement in either the content or the quality of education, means that the system is rapidly becoming untenable. Higher education is in deep crisis.” Crisis means that things will get either much better or much worse. Things will get much different, Drucker says.

3) Donald Trump vs. The Mandarins. Gary North, a libertarian and Austrian economist, compares the great Chinese bureaucracy with the present-day American educational system, focusing on the MBAs. Apparently, like the expensive running shoes, you don’t necessarily get your money’s worth.

4) The Scourge of University Socialism. THE website for Austrian economics, Mises.org, has an angry blog post about Obama’s wish for government to assume direct responsbility for making student loans. One commenter believes,

The truth is that this has nothing to do with education. This is a method of paying the Teacher’s Union directly from the government. There is always a hidden agenda in anything Obama does because his people know that if he says or does it directly the political backlash will be overwhelming.

3) Will the University Survive? by Tim Swanson. A well-researched article that has, erm, maybe too many hyperlinks, and footnotes. A thorough roundup of the key issues, obviously biased towards the free-market point of view.

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