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The Decline in Educational Standards - From a Public Good to a Quasi-Monopoly (Paperback)
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The Decline in Educational Standards - From a Public Good to a Quasi-Monopoly (Paperback)
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The Decline in Educational Standards: From a Public Good to a
Quasi-Monopoly is about the "commodification" of education and the
factors that have changed education from a public good into a
"commodity" over the last 50 years. When we look at today's
education, we see that academic standards in public education have
been declining for decades even as education funding has reached
nearly a trillion dollars per year to fund such failed programs as
No Child Left Behind and Common Core. Simultaneously, tuition and
fees at public universities have increased nearly 2000 percent over
the last 30 years, and student loan debt is now a staggering $1.5
trillion. Quite simply, education has become big business. This
book examines the various issues associated with the
commodification of education, especially neoliberalism and
privatized Keynesianism-what they are, how they developed, and how
they have affected education and public policy. It argues that
neoliberalism and the related socioeconomic shift to "debt-based
consumerism" are at the center of commodification, leading to a
significant decline in the exchange value of a college degree. It
also argues that we cannot understand the changes in our public and
higher education systems without examining the historical, social,
economic, and political factors that have essentially created an
education system that is significantly different from what it was
in the not so distant past.
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