Capitalism In Higher Education

Capitalism is a system where the sole goal is for private owners to gain profit. In the 1930s’ Dust Bowl, private owners, such as farm owners did not pay laborers enough money. In addition, minimum wage laws did not begin until 1938. Wages dropped so low because of the contradicting owner and laborer goals. Moreover, the stock market crash caused demand to drop and jobs to disappear. Overproduction also contributed to elimination of jobs. The wage gap between the wealthy and poverty further increased over time. Despite, the huge elimination of many jobs during the stock market crash, the changing seasons created some cotton and fruit picking jobs because certain plants are ripe for a certain period. However, laborers had to travel to other states or even countries to look for jobs only to face ostracization from the natives. In pursuit of capitalistic goals, the government promoted harmful DDT chemicals and nuclear weapons to keep the chemical and weapons industry alive.

Corporatization of colleges makes earning money the Administrator's main priority, not educating students. In the article “Foundations of Corporatization: Lessons from the Community College” by Juli A. Jones, she argues how corporatization of schools has many negative effects on the students, including the quality of the education they receive, and the raise tuition prices. “The funding crisis that fuels corporatization is particularly acute at the community college level; our funding is significantly below national levels, below our state university system levels, and below our K-12 rates” (Jones 1). What she means is many colleges, especially community colleges, lack the funding they need, and the colleges really have no choice but to turn to corporatization to stay afloat. The problem is that the focus of the college becomes making money and turning a profit; The quality of education students receives goes down, while the price of tuition goes

This means that in order to have a decent job, you usually need some type of degree or training beyond a high school education. Unfortunately, in years to come, this trend toward for-profit colleges could devastate our nation’s economy. The student loan debt in the US is roughly equal to the amount of US credit card debt, they is a frightening fact because for-profit student are more likely to default on their loans (they make up 44% of all student debt defaults), which could burst our student debt bubble. This would have devastating consequences for our government, tax payers, and possibly even the global economy. If our student debt bubble were to burst, like the housing bubble back in 2007-2009, it would have the potential to plunge us into another Great Depression. That, is

In general, for-profit schools cost more to attend, because they are run like businesses. And it definitely does not take a college degree to see that these high prices plus low income students equal greater risk of default. For-profit colleges began as family owned trade schools but over the years they have expanded into educational businesses that accept any student, regardless of their financial wellbeing or aptitude. On the other hand, traditional schools have neglected to notice the rising need for an education that is flexible and convenient. In his article “Why Do You Think They’re Called For-Profit Colleges,” Kevin Carey writes to an audience of higher education students and faculty to convince them the pros and cons of both traditional and for-profit schools using different rhetorical, organizational, and stylistic strategies.

Throughout the years, America has always debated whether education is needed- if it helps people succeed or not. The argument in the past was always over high school education, which is now mandatory. That decision has helped the US rise economically and industrially. Today, the US is in the middle of the same debate- this time, over college. Some, like David Leonhardt, a columnist for the business section of The New York Times, think a college education creates success in any job. Others, such as Christopher Beha, an author and assistant editor of Harper’s Magazine, believe that some college “education” (like that of for-profit schools) is a waste of time, and can even be harmful to students. Each stance on this argument has truth to it,

In an article from The Chronicle Of Higher Education, "America's Most Overrated Product: Education", author Marty Nemko argues that while college may be the best fit for Americans to succeed for a better way of living, it may also be harming us in an economic point of view. Nemko emphasizes his statement by giving percentages and facts (logos) dealing with the way colleges take advantage of the average American. in his way of seeing the situation, Nemko describes how our education is actually getting worse because high school students are not fully prepared for the academic difficulties of college. Furthermore,

“At a time when American public higher education is cutting budgets, laying people off, and turning away students, the rise of for-profit universities has been meteoric.” If other colleges are turning down students how will the graduation rate increase like President Obama wants it to. We need these for-profit schools to help the economy and to get more people educated and working.“Enrollment in the country’s nearly 3,ooo career colleges has grown

It is not fair to the students who are seeking various academic selections for their career path. Many students are relying on financial aid, mainly student loans, to pay off their school fees and essentials needed. The loans leave off students with a sum of debt to be paid off after completion of their education, creating stress for the individuals. The increase in available loans led to decrease in government support and increase in tuition rates. Colleges and universities can generate their own variables in determining the market for the price being charged to student in their courses, creating an unstable and inefficient market.

Using the reputation of the school, for their profit. For Profit, vocational colleges promise faulty certifications with nine weeks of training. The Vocational school using aggressive recruiting ads on TV, containing high job placement after graduation propaganda. Students are taking out loans for college each year. The loans cover the tuition, but only if you sell your soul to your lender. Money lent and spent towards overpricing tuition and expensive books and supplies. Money is spent everywhere in schooling business. All forms of colleges are dipping their toe in the money pool. The high spike in tuition rates over the past years show, money over morals. Higher education will always be around in the world. In America and overseas prices will continue to drive up, and state officials will try to make it cheaper for the student. The only way to succeed in life is to sell your soul and go to

Financial aid expert Mark Kantrowitz told me something similar a couple of years ago: “The problem with for-profit colleges is that when the company sacrifices long-term success for short-term gains, they are also sacrificing students... So the key question is how to restructure the entire industry so that long-term success is never sacrificed for short-term gains.” He added that the gainful employment regulation “is a step in that direction, but it’s not a complete

The outrageous price of college tuition today is making going to school unrealistic for most. The United States government should work to make public universities free to no cost to students in the United States. Many people who are not as fortunate as others, are at a disadvantage for college. College is supposed to be a place where anyone can go to school and obtain a degree for a better future. Now college has merged with capitalism, and its purpose is to collect money from the youth and in the process help earn a education.

Mark Edmondson’s essay really resonated with me. His essay “On the Uses of a Liberal Education,” was published in 1997 and explains how universities and the college students who attend these universities, focus on how much the students like the classes, rather than the information found in the class. For example, he explains this when he talks about giving his students the course evaluations. Some of the comments were,” I really liked the teacher”, or, “the class was interesting”. Not one student commented on the information they got in the class. He explains that the students have become like customers and the teachers are willing to do anything that meets their needs. This is consumerism. How do college campuses attract the richest, smartest, most athletic students? Campuses erect extravagant buildings with the most high-tech equipment to attract the potential student. Edmunson says, "Before they arrive, we ply the students with luscious ads, guaranteeing them a cross between summer camp and lotus land". The idea of going to school to learn gets lost in the translation when trying to recruit new students. This is an example of a true consumerist attitude. The idea of consumerism, to be put simply, is to get more bang for your buck.

While Socialism (equality) sounds as if it were a better economic system than capitalism (equity), it is not. With history proving that Capitalism is a better economic system. If you look at the cold war between the U.S.S.R (a socialist country) and the U.S.A (a capitalist country) for world power, it becomes obvious that the capitalism is better economic system then socialism. As the U.S.S.R lost the cold war in simplest turns because they ran out of money, while their counter parts the U.S.A economy flourished and today they are undoubtedly the world’s leading power(Cold war organization). This shows that the socialist concept of free university will hurt the Canadian economy and that capitalist system we have now works best for a strong Canadian economy.Furthermore free university is proven to hurt the economies of several countries. Currently there are seven countries that have switched to free university; Germany, France, Malta the Scandinavian countries. A study done by the Brock press on the economic impacts of free university on these countries found that directly after switching to tuition free university the economy of these countries felt the negative impacts of free tuition for secondary. This study adds additional prove

At first, the perception of free community college is a laudable proposal but along the line the concept can construct a contentious conflict. The government’s part in education is vital for they emerge their focus on gaining students in higher education intuitions producing a stronger workforce in the economy for future generations. In addition, the President’s plan to grow our economy can conclude as an attempt to alleviate student debt, surpassing even credit card debt in recent years. However, because of the attention gained on the subject, the economy has now reflected the idea predicting both pros and cons. Furthermore, the addition of it would leave the society in a downward slope since the results of community college are poor performances, along with an amount of aid already liable.

Political culture as a whole has a direct impact on higher education. The chain of command established is created in order to ensure that all systems have a say in what policies are created to manage universities, with a Board of Regents directing over the state’s higher education. Both California and Louisiana’s systems operate differently, but have some similarities as well.