North Carolina taxpayers aren’t getting much bang for their higher-education buck, according to a new report from the Center for College Affordability and Productivity.
Despite consistently large increases in state and federal money for North Carolina’s public universities, the state lags nationally and regionally in its percentage of college graduates.
The report — the first in a series that also will examine higher education in Georgia, Iowa, Texas, Virginia, and Washington — challenges the conventional argument that big spending on university research in North Carolina has been an engine for widespread economic development.
The study, which uses data from the federal Department of Education, the Bureau of Labor Statistics, the U.S. Census Bureau, and other education sources, also alleges that some higher-spending universities have become “gated” institutions that use more money for bolstering the salaries of key faculty members than on improving instruction or access for lower-income students.
“It’s clear that the majority of […]
Source: Brad Wolverton