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ERIC Number: ED503138
Record Type: Non-Journal
Publication Date: 2008-Oct
Pages: 8
Abstractor: ERIC
The Costs of Failure Factories in American Higher Education. Education Outlook. No. 6
Schneider, Mark
American Enterprise Institute for Public Policy Research
American higher education absorbs a larger share of GDP than that of other countries, but it has not produced a particularly high proportion of college graduates. College graduation rates are actually worse than the very low benchmark of high school graduation rates, but higher education institutions are not held accountable. The author writes that the costs of this abysmal performance to students and taxpayers are high, and advocates that the flow of information needs to be improved so that students and their families can choose colleges at which they will have a higher likelihood of success, and that serious consideration needs to be given to how to hold colleges and universities more accountable for their performance. The author also endorses reduction of loans to students at institutions with poor graduation rates. (Contains 14 notes, 4 figures, and 2 tables.)
American Enterprise Institute for Public Policy Research. 1150 Seventeenth Street NW, Washington, DC 20036. Tel: 202-862-5800; Fax: 202-862-7177; Web site:
Publication Type: Opinion Papers
Education Level: High Schools; Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: American Enterprise Institute for Public Policy Research
Grant or Contract Numbers: N/A