Where are all the smart people? Where are all the PHDs? They are at the colleges.
So why do college/education costs keep going up and up?
I am not sure what you do about private colleges.
But state run colleges… Tell them they have to cut cost each year. Tell them that their costs can not go up period.
If they can not make college education cheaper than the colleges should be shut down and all those smart people can just get a job working at Wal-Mart.
Now I am a reasonable guy… Next year tell them they only have to cut costs by 1%. Then next year by 5%. Give them a chance to work up a long range plan.
Now when I say cut cost by 1% I do not mean that they fire housekeeping, food service and security employees. I also not mean that they cut cost by cutting the pay of those hourly workers.
I mean they have to find a way to make education cost less.
How can you give degrees in business and not have a college that can hold down and cut costs?
What would happen to a medical school if all the doctors that you turned out could not pass their medical boards? The medical school would be shut down. Well do the same with the business schools if the college can not cut costs.
Now I think that college education should be free to all students IF they can do the work. But then the students should have to repay for that education by doing work for the tax payers. It could be military service or some other sort of community service.
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