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By Matt Kibbe
The short-term deal will assure long-term overspending
Independent voices from the The Washington Times Communities
Topic - Jeffrey Selingo
It's not hard to see that the $490 billion higher-education industry is failing America. One study showed that only 45 percent of students demonstrate any cognitive gains by the middle of their sophomore year. Only about 50 percent of students enrolling in a four-year college graduate within six years.
As tuition costs skyrocket and graduates walk away with ever-rising amounts of debt, American colleges now face a choice: Remain a part of the problem, or begin contributing to a solution.
Mr. Selingo acknowledges that the outrageous cost of college today is going to force changes in the higher-ed business model.
Mr. Selingo has written a book that is not so much a recapitulation of how we got here, but rather looks forward to the future of postsecondary learning.