Flipping the Economics of Paying for Education, Because They’re Upside Down - News Summed Up

Flipping the Economics of Paying for Education, Because They’re Upside Down


“There are no schools that are incentivized to make their students successful anywhere,” said Austen Allred, co-founder and chief executive of Lambda. “The schools get paid up front, they get paid in cash, whether that’s by the government or whether that’s by an individual doesn’t really matter. But, if expanded more widely, it could press programs to ignore a traditional liberal arts education, where the earning power is reduced. I don’t think that’s a win for anybody, including the students. I think schools should be actively trying to determine who will be successful and that’s part of your job.


Source: New York Times January 08, 2019 07:52 UTC



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