November 16, 2012
India’s Bold Solution to the U.S. College Crisis: Federal Universities

A system of national universities would (1) fight the rise in tuition, and (2) accommodate all those smart second-generation kids whose parents we should be recruiting to our country in droves. But it will also help the nation in a 3rd way by giving us an outlet for higher research spending. The U.S. has been spending less and less on R&D as a percentage of our GDP, even as R&D becomes more and more important. In part because of this, there are legions of PhDs being forced to take private-sector jobs in which they have no expertise. These trends need to be reversed in order to maintain America’s status as the leading technological nation. And a system of federal universities is the perfect vehicle to increase research spending and provide an outlet for all those PhDs.

Read more. [Image: Reuters]

India’s Bold Solution to the U.S. College Crisis: Federal Universities

A system of national universities would (1) fight the rise in tuition, and (2) accommodate all those smart second-generation kids whose parents we should be recruiting to our country in droves. But it will also help the nation in a 3rd way by giving us an outlet for higher research spending. The U.S. has been spending less and less on R&D as a percentage of our GDP, even as R&D becomes more and more important. In part because of this, there are legions of PhDs being forced to take private-sector jobs in which they have no expertise. These trends need to be reversed in order to maintain America’s status as the leading technological nation. And a system of federal universities is the perfect vehicle to increase research spending and provide an outlet for all those PhDs.

Read more. [Image: Reuters]

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