Bubbles
Bill Quick

Instapundit » Blog Archive » REIHAN SALAM: Make “Non-Profit” Colleges Accountable, Too: Curbing the abuses of this sector cou…

Quoting Reihan Salam:

Steve Gunderson, president of the Association of Private Sector Colleges and Universities, the trade association that represents the for-profit higher education sector, observes in a tart press release that “if the regulation were applied to all of higher education, programs like a bachelor’s degree in journalism from Northwestern University, a law degree from George Washington University Law School and a bachelor’s degree in social work from Virginia Commonwealth University, would all be penalized.”

My reply to Gunderson would be that, well, yes, let’s penalize these programs too. It makes perfect sense to establish a regulatory floor to protect consumers from the least effective post-secondary programs, whether they’re at vocational schools or standard-issue colleges and universities.

Indeed.

A commenter observes that adding to government regulation of schools is a less apt answer than attacking the reason for the “bubble” in higher education, that is, the tsunami of “free government cheese” money that inflates the bubble in the first place.

Good point.  Another problem with increasing regulation is that such regulations are always twisted and abused to suit those who control the regulators.

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Bill Quick

About Bill Quick

I am a small-l libertarian. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.

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