Perhaps most insulting, the powerful higher education lobby has pressured the government to make student loans the ONLY loan that cannot be discharged through bankruptcy. Indeed it is time to rage against the higher education machine.
My latest Washington Post Big Idea column argues that we must shine a light on what colleges actually do: that is, to prominently post a Report Card with such items as:
- What percent of freshmen graduate in four years, broken down by high school record?
- What percent of graduates are, within six months of graduation, professionally employed, broken down by major and high school record?
- How much do students grow in critical thinking from freshman to senior year, disaggregated by high school record?
Not only would that inform consumers, it would likely finally pressure colleges into spending less on ego-driven new buildings, fat administrations, and silly-research-focused professors and more on transformational undergraduate instructors, mentoring, and a career center that actually is helpful. It might even push colleges to replace lackluster lectures with courses taught on video by a dream team of the world's most transformational instructors.