Why Higher Education Is Stagnating

AEI

One reason this problem is hard to tackle is that the Left and Right disagree on the ultimate cause of the bloat. Many progressives see it as a product of the free market: If students and parents select colleges based on the quality of student spas and diversity centers and other amenities, then of course colleges will tailor their offerings to meet that demand. The real question is how to make access to college even more universal. Conservatives, meanwhile, are more likely to point to overweening government, including unnecessary regulations, which require more staff to implement, and to federal student loan programs, which pay the salaries of well-organized bureaucrats and end up funding superfluous services that colleges might otherwise forego.

There is some truth to both of these analyses, but neither side is offering a realistic program for how to address the underlying problem. “Free college” programs, now popular among Democrats, will simply make the underlying cost even higher, even if they shift it to taxpayers rather than consumers. And GOP slash-and-burn efforts at state universities often extract theatrical budget cuts without actually excising the source of the rot. Student tuitions go up and faculty salaries are frozen, but the bureaucratic bloat isn’t actually rolled back.