Roberto Abraham Scaruffi

Tuesday, 2 October 2012

TomDispatch.com: A Regular Antidote to the Mainstream Media
October 2, 2012
Tomgram: Andy Kroll, The Death of the Golden Dream of Higher Education
These days, it seems like going to college increasingly means heading for the nearest pawn shop or loan shark to hock your valuables. Based on a recent spate of figures, it looks as if we'll soon need to find a replacement term for the “public” in public higher education. After all, the cost of a public college education is rising at a startling clip. Tuitions at four-year universities have gone up by 15% between 2008 and 2010 (and are still on the upswing). Since 2001, in fact, tuition and fees have climbed at a 5.6% rate annually. In some states, it’s far worse. At six Georgia public universities, for instance, costs jumped by more than 40%. In Arizona, California, and Washington, it was 16% to 21% last year alone. Meanwhile, for the 2011-2012 school year, state funding of higher education nationwide plunged by 7.5%. At the moment, tuition increases at public colleges are almost double those at private ones.

It shouldn’t surprise you, then, to discover that “public” education is increasingly becoming a very private nightmare. A recent analysis by the Pew Research Center found that student debt is soaring, with a record 22.4 million American households -- nearly one in five -- carrying it. In 2010, the average debt burden of those households was $26,682 (“more than double the share two decades earlier”) and 10% of them owed more than $61,894. Though this debt burden falls on every sector of society, perhaps this won’t surprise you either that the poorest and youngest households are in the worst trouble. Student debt is eating up nearly a quarter of their household income. As the Pew study puts it, “[T]he relative burden of student loan debt is greatest for households in the bottom fifth of the income spectrum, even though members of such households are less likely than those in other groups to attend college in the first place.”

So this shouldn’t shock you either: according to the Department of Education, school loan defaults have risen for the fifth straight year. “Public school borrowers defaulted at a rate of 8.3%, up from 5.9% just four years ago.” In other words, “public” higher education is on a path toward the grimmest sort of privatization.  Increasingly, if you don't have the money, there's a sign on the door of the local college classroom saying “no access,” which is another way of saying no access to a decent future. In the economic meltdown of 2007-2008, millions of homeowners went “underwater” thanks to subprime mortgages. Now, as TomDispatch associate editor and Mother Jones reporter Andy Kroll makes clear, in the process of hollowing itself out and crippling its future, this country is hell-bent on producing subprime educations as well. Tom
Back to $chool
College Is the Past, Prison Is the Future
By Andy Kroll
It was the greatest education system the world had ever seen. They built it into the eucalyptus-dotted Berkeley hills and under the bright lights of Los Angeles, down in the valley in Fresno and in the shadows of the San Bernardino Mountains. Hundreds of college campuses, large and small, two-year and four-year, stretching from California's emerald forests in the north to the heat-scorched Inland Empire in the south. Each had its own DNA, but common to all was this: they promised a “public” education, accessible and affordable, to those with means and those without, a door with a welcome mat into the ivory tower, an invitation to a better life.
Then California bled that system dry. Over three decades, voters starved their state -- and so their colleges and universities -- of cash. Politicians siphoned away what money remained and spent it more on imprisoning people, not educating them. College administrators grappled with shriveling state support by jacking up tuitions, tacking on new fees, and so asking more each year from increasingly pinched students and families. Today, those students stagger under a heap of debt as they linger on waiting lists to get into the over-subscribed classes they need to graduate.
California's public higher education system is, in other words, dying a slow death. The promise of a cheap, quality education is slipping away for the working and middle classes, for immigrants, for the very people whom the University of California's creators held in mind when they began their grand experiment 144 years ago. And don't think the slow rot of public education is unique to California: that state's woes are the nation's.
Click here to read more of this dispatch.