The Koch Brothers and the End of State Universities
by Juan Cole
The real scandal around the endowment by the Koch brothers of two chairs at Florida State University is that state universities now have to seek such outside money and accept strings. The reason they have to do so is that many state legislatures have chosen not to have state universities any more. At many ‘state universities’ the state contribution to the general operating fund is less than 20 percent, falling toward 10 percent.
This abandonment of their responsibilities to higher education on the part of the states hurts students in the first instance. Institutions that used to be affordable to students from working and lower middle class backgrounds are now increasingly out of reach for them. State universities are becoming the new Ivies, a good bargain still for the upper middle class and the wealthy, but a distant dream for the daughter or son of a worker in a fast food restaurant.
This development is also scary because it promotes the corruption of academia. In fact, as Charles Ferguson showed in his film, “Inside Job,” some academic economists are already hopelessly corrupt. The barracuda capitalist system in contemporary America provides many incentives for economists to promote laissez-faire, anti-regulatory ideas of the sort that led to the 2008 collapse of our economy. Endowments with strings attached are just one more.
“While We Were Sleeping”
Orwell Rolls In His Grave, featuring MCM – Buy the DVD
About News From Underground
News From Underground is a daily e-news service run by Mark Crispin Miller, a Professor of Culture and Communication at NYU. It is based on his belief that academics, like reporters, have a civic obligation to help keep the people well-informed, so that American democracy might finally work.
If you'd like to receive updates delivered to your inbox daily, sign up for News From Underground Alerts:
Help News From Underground!
Message from Mark: "I am a one-man operation, although assisted greatly by some volunteers, and, now and then, by people paid by others for one-time projects. There is no shortage of skilled, dedicated folks out there who want to help me. There is, however, nothing I can pay them with, unless you decide you can contribute something."
Please donate via the PayPal button above or via PayPal by email to: email@example.com
- Democrats are partying like it’s 1952, and they’re Republicans—or Birchers.
- Two more on why Flynn went down…
- Why they made Trump dump Flynn (and what about Obama?)
- What news out of Japan is “fit to print,” according to the New York Times? Their choice could make you sick…
- On “killers” working for OUR government, Trump spoke the truth—and our “free press” freaked out…
- Contact Lou Dobbs on
- Forbidden Bookshelf on
- Top US spooks see NO “conclusive evidence” of Russian hacking in Election 2016 on
- How blaming Trump’s “election” on the Russians could force Hillary on us after all—and end US democracy for good… on
- Election theft in Michigan and Florida may have been more dramatic than we think… on
- Democrats are partying like it's 1952, and they're Republicans—or Birchers.
- The strange death of Nancy Schaefer (two items)
- Forbidden Bookshelf
- Two things that never happened: "the Bowling Green massacre," and "Russia's invasion of Ukraine"
- Two more on why Flynn went down...
- Writers Voice
- alias Bruce
- Mainstream Baptist
- The Rude Pudit
- Cody Lyon
- Election Defense Alliance
- t r u t h o u t
- Thom Hartmann
- The Existentialist Cowboy
- Barry Gordon
- Media Channel
- The International Human Press
- Fairness & Accuracy in Reporting
- Media Matters
- Early America
- William Betz
- Democratic Undergroud
- Veterans for Common Sense
- Talking Points Memo
Need a bigger font size?
- Your link could be here too, contact us for pricing details.