For the past 46 years, tuition revenue bonds have been used to effectively keep state debt on university balance sheets – a lack of systematization of TRB authorizations hurts Texas higher education. The paper is an overview of the history of TRBs in Texas, with recommendations for how the TRB authorization process can be improved.
Yale Finally Says the Quiet Part Out Loud
Yale’s Committee on “Trust in Higher Education” just released what higher-education reformers have to view as a remarkable document. It addresses the ongoing erosion of public trust in America’s universities. In doing so, it owns up to the self-censorship, extreme faculty political homogeneity, grade hyperinflation, administrative bloat, and the opaqueness of “holistic” admissions. For an...