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Monday, May 23, 2011

Yudof Ruminates on Privatization

On his Facebook page and on YouTube, President Yudof ruminates on privatization in general, e.g., roads, postal services, and of higher ed in particular.

The YouTube version is below. The Facebook written version (which skips a few ad libs) is at http://www.facebook.com/note.php?note_id=10150181306213379

He attributes the trend toward de facto privatization of higher ed in part to demographics and the aging of the baby boom:

...Now, part of this can be explained by demographics. In the early 1960s, 57% of American families had children under the age of eighteen. Today, that number hovers around 46%. Along these same lines, American senior citizens now receive more than seven times the amount of federal benefits that American children do...

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