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State Colleges and Universities "suffer from all the inefficiency and poor decision-making of Soviet-style factories"

In its public meetings, panelists from Wall Street and elsewhere in the business world have criticized academia as failing to meet the educational needs of working adults, stem a slide in the literacy of college graduates and rein in rising costs.

During a February meeting in San Diego, Trace Urdan, a senior research analyst for the investment banking firm Robert W. Baird & Company, said state colleges and universities "amount to state-run enterprises and suffer from all the inefficiency and poor decision-making of Soviet-style factories."

For the full story, see:

SAM DILLON. "Panel Considers Revamping College Aid and Accrediting." The New York Times (Weds., April 12, 2006): A14.


While this post concerns higher education, you have blogged on school choice at the k-12 levels. This link advocates for that and other things I find interesting and consistent with topics you like to post. http://www.heritage.org/Research/Budget/bg1929.cfm

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