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Reply to "The New America: Elite Privates forever out of reach for UMC?"
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[quote=Anonymous][quote=Anonymous]The other thing is that the benefit of universities is not just to an individual that attends--the number of scientific discoveries that are required to be made public, the scholarship on key issues, policy and economic analyses. Sure some academic scholarship may be arcane and esoteric, but in sum, universities have contributed a lot of to our understanding and functioning of the world. They train the people who make the world run. This idea of education as merely a private good, a private luxury is so problematic. Private companies take that knowledge, design something based on it, patent it, keep it secret and charge a fortune. Their R&D is highly protected while university researchers are required to share everything. The US is getting a lot for it's fairly minimal investment in higher ed.[/quote] True, but no reason that these need to be private. In most of the world the top universities are in the public sector.[/quote]
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