Friday, March 6, 2020

Higher Ed Cost Control

Because of our career history, COTTonLINE takes extra interest in good and bad news dealing with higher education. The Atlantic reports some good news about what former Indiana governor Mitch Daniels has accomplished in his 7 years as President of Purdue University.

Since Daniels arrived on campus, there have been zero tuition and fees increases. If there is another campus with no increases for seven years, I'm unaware of it. He is described as "notoriously tight with a dollar."
Roughly 70 percent of college students take out loans to finance their education. The average undergraduate leaves school more than $25,000 in debt.

At Purdue, by contrast, nearly 60 percent of undergrads leave school without any debt at all.
I would hope state legislatures would lean hard on their system administrators to emulate Daniels' successes at Purdue. He's shown it can be done and is quite open about how he's done it. Certain public universities in Texas have tried the same approach, I haven't seen a report on how that turned out.