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I don't expect direct subsidies for education will matter generally - especially in the humanities. Investments in science, technology, and health care will boost large research universities that depend on grants. The next 8 years will be good to scientists at MIT, Cal Tech, and Johns Hopkins, among others. Better to be a "real" scientist than a "social" scientist.
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Faculty should expect less and less security. Major universities have been shifting away from tenured faculty toward lecturers - and that may well be a good trend. Lecturers tend to be closer to the "real world," which comes along with more practical skills. Likewise, growth in higher education will be greater in community and technical colleges. Job security there is directly related to performance - not tenure. We may, thankfully, be moving toward more accountability for teachers and less security for the dead wood among our faculties.
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If you're looking for innovation and change in higher education , take a train to your state capitol building. Avoid that flight to DC.
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