Book Excerpt: “The Fall Of The Faculty”
By Benjamin Ginsberg
College students generally view professors as individuals who exercise a good deal of power. Members of the faculty, after all, direct the lectures, labs, studios and discussions around which academic life is organized. Professors also control the grades and recommendations that help to determine students’ graduate school and career prospects.http://hereandnow.wbur.org/2013/01/15/college-enrollment-crisis
Check out the market logic in this commentary: notice the word "subsidy"
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