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The Higher-Education Version of the Government-Screws-Up-Everything Chronicles

true liberal Wrote: Oct 15, 2012 7:22 AM
It is amazing how government can take something as fundamental as education and make it almost impossible to accomplish to the point where the only alternative is to water down the curriculum and redefine the goals. It shouldn't cost that much to educate a child, yet the costs keep increasing. Why? Because it isn't about education. It isn't about the kids. It is about Unions and Union jobs
Rock Strongo Wrote: Oct 15, 2012 8:56 AM
It's like Milton Friedman said--If you put the government in charge of the Sahara Desert, in 5 years there would be a shortage of sand.
Texas Chris Wrote: Oct 15, 2012 9:27 AM
Or like Mark Twain said: "I never let me schooling get in the way of my education."

I’ve previously shared an amazing chart that shows how more government spending on public schools has yielded zero positive results.

Well, it seems that government spending on colleges and universities also leaves a lot to be desired.

Three academics investigated the relationship between higher-education spending and economic performance and it turns out that this perverse form of redistribution from poor to rich is counterproductive. Here’s the key sentence from the abstract.

Results from a series of fixed-effects regressions using a 1992-2002 panel of state-level data...