A management structure for the Permanent School Fund similar to UTIMCO at the Permanent University Fund would be a positive step toward maintaining the integrity of the fund. It would give the State Board of Education authority over the fund commensurate with their responsibilities and provide them the necessary financial expertise.
Colleges Are At Risk Of Closing. Good.
“You’ll own nothing, and you’ll be happy” is an increasingly fitting description of the American college graduate. While that World Economic Forum slogan is rightly mocked for its managerial creepiness, jokes aside, the average student nowadays is surely more nihilistic about the world than previous generations. The economic bargain of college, however, is looking increasingly...