Deeper loan debt means more profits for the financial sector, particularly suppliers of student loans. Executives of SLM Corporation, the giant student loan company known as Sallie Mae, have said that the rising costs of education will swell its bottom line for some time to come. Sallie Mae, as a quasi-federal agency, was supposed to make money available so that college would be affordable. But under the Clinton administration, Sallie Mae became a private corporation, and it is profiting.
AAUP: Free Higher Education - 0 views
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This state of affairs is unacceptable and an affront to any reasonable notion of a fair and democratic society. We believe that the appropriate response is to articulate, and mobilize in support of, a clear vision of how a fair and just society should provide access to higher education. We propose that all academically qualified students who desire an education should be able to get one—without constraint by cost or the need to amass crippling debt
Liberal Education after the Pandemic | AAUP - 1 views
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The current massive and unanticipated experiment in online education could transform higher education as we know it. We should begin these difficult conversations about the future of the liberal arts now, in cyberspace, before the new normal takes shape—whenever that may be. Even if we feel trapped in our own homes and beset with anxiety and cabin fever, we also have an opportunity to reconsider the aims of higher education not in the abstract but in this concrete historical moment, with attention to specific institutional needs, public policy proposals, ideological pressures, and the overarching economic crisis.
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A genuine commitment to ethical, historically aware, egalitarian, or democratic principles can land an individual in a world of trouble. I am thinking, for example, of the basic scientific literacy, historical awareness, and ethical commitment that equip an individual citizen to recognize the expertise of infectious disease specialists and reject the common sense of neighbors or the priorities and demands of an employer—or to spot the bogus claims, fundamental incompetence, or ethical depravity of some elected leaders. Such scientific literacy and basic familiarity with statistical analysis allow nonexperts to understand the arguments of climatologists and reject the sophistry of coworkers or talk show hosts or governors who point out, for example, that “the climate has always been changing.”
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The reason that individual institutions cannot pitch such potential outcomes under ordinary circumstances is that these intellectual faculties serve the public good but do not necessarily advance the economic interests or career objectives of individual prospective or current students, especially those incurring significant debt. Being a whistleblower, for example, is generally a costly, painful career move—but the public needs to know nonetheless if the US military is shooting civilians in the streets of Baghdad; or the pharmaceutical industry is engineering a profitable opioid epidemic; or the health insurance industry is denying legitimate claims.
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