Since 1965 an increasing preoccupation with money has resulted
in the inversion of its role in higher education, from a practical
means to an end that crowds out all others. No longer do students
and parents choose the best education that "money can buy."
Instead, they are faced with choosing which college or university
will "buy them more money." This comes as no real surprise, as the
cost of attending a four-year college has doubled since 1985. Yet
the question persists: at what real cost are we sending our
students to college?
Renowned educator James Engell and coauthor Anthony Dangerfield
explore the answer to this question in "Saving Higher Education in
the Age of Money." They argue that the counterbalancing attitudes
that used to temper a focus on money with other equally legitimate
and more fundamental goals have steadily weakened, resulting in a
new consensus that elevates money and the marketing of oneself and
one's institution to the foremost ambitions of the intellectual
world. This new minimization of higher education to the category of
an investment to be repaid has damaged all disciplines not directly
associated with money, particularly the humanities. Students often
now are told they face a choice: between the practical sciences,
business, and economic success, or the traditional liberal arts and
sciences and expected poverty.
In their comprehensive analysis of admission practices,
institutional rankings, salaries, hiring practices, scholarships,
student attitudes, tuition costs, research programs, library
budgets, and class barriers, Engell and Dangerfield expose the
major changes that the Age of Money has wrought in higher education
while also offering a practical method of understanding and
prioritizing the various elements involved in choosing the right
school. Focusing on liberal arts and sciences colleges, private
research universities, and flagship public institutions, the
authors provide an explicit and coherent model of what an academic
institution should offer, while encouraging individual institutions
to retain their unique identities.
Written for a general audience as well as for professionals,
"Saving Higher Education in the Age of Money" will appeal to
teachers and administrators, parents of students and prospective
students, students and faculty in schools of higher education, and
anyone interested in intellectual life.
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