Preface
Acknowledgments
Chapter 1 The Price of Admission
The College Premium
Race and Gender
The Questionable Return on Investment (ROI)
The Uneven Playing Field
The Working Student
The New Face of Poverty: Food and Housing Insecurity Among College Students
College is a Risky Proposition for Low-Income Students
Will A College Degree Become Obsolete?
Conclusion: Is College a Good Investment for Students and Society?
Notes
Chapter 2 Just Another Commodity
The Beginnings of Commodification
Politicizing Higher Education
Behind the Conservative Attack on DEI and CRT
The Commodification of Higher Education
Creating New Markets
Disgruntled Faculty
Commodification and the Student Debt Trap
Kinds of Student Loans
Loan Defaults
Loan Forgiveness
Conclusion
Notes
Chapter 3 Driving Up the Cost of Higher Education
Why is Tuition So Expensive?
Are Faculty Salaries Driving Up Tuition?
Inadequate State Funding
The Institutional Debt Burden
Administrative Bloat
The Consulting Game
Compensating for Revenue Shortfalls
Fundraising
Research and External Funding
Premium Tuition
Manipulating Tuition and Fees
The Lack of Transparency
The High Cost of Redundancy
Closing or merging low-enrollment public colleges
Reducing duplicate degree programs
Conclusion
Notes
Chapter 4 American Universities, Inc.
Bureaucrats and Bureaucracies
The Well-Paid Administrative Class
Bringing Industry and the Academy Closer: Nontraditional College Presidents
High Administrative Salaries Across the Board
A Compliant Labor Force: The Attack on Tenure, Shared Governance, and Unionization
The Academic Gig Economy: Fostering the Casual Labor Force
The Cost of Commodification: Big Profits, Low Risk, and a Captive Market
Online Program Managers (OPM)
The Textbook Market
Conclusion
Notes
Chapter 5 The College Sports Industrial Complex
The Hypocrisy of the National Collegiate Athletic Association (NCAA)
The College Sports Industrial Complex
College Sports Betting
The Status Race and the Edifice Complex
Exploiting the Poorest Players
Sexual Abuse in College Sports: See No Evil, Hear No Evil, Speak No Evil
What’s the Real Graduation Rate for Student-Athletes?
The NILS (Name, Image, and Likeness) Wild West
The Winners (and Mostly) Losers
The Winners
The Losers
Students Carry the Heaviest Burden
Reforming College Sports
Alternatives to the Intercollegiate Sports Programs
Conclusion
Notes
Chapter 6 Inequality and the Corporatization of Higher Education
An Emerging Market
A Flawed Meritocracy
Populist Blowback
Dénouement
Notes
Conclusion A Framework for Reforming Higher Education
Reestablishing a Moral Center: Protecting Families and College Employees
Exploitation in the Academic Workplace
The Use of Retail Market Strategies
Protecting Against Zombie Colleges.
Predatory For-Profit Colleges
Reinforcing the Core Values of Higher Education
Freedom of Expression
Strengthening the Core Curriculum
Teaching First
Institutional Reform
Putting Colleges Back into the Hands of People Who Understand Them
Institutional Overreach
Raising Taxes on University Endowments
Improving Relationships with Trustees
Making College More Affordable
Increase Pell Grants
Social Welfare Supports
Alternative Ways to Afford College
Cutting Textbook Costs
Standardize the Transfer of College Credits
Provide Lower-Cost Student Housing
A Student’s Bill of Rights
Low-Income Students
Cutting Institutional Costs
Cutting Administrative Costs
Eliminating Unnecessary Consultants
End the Use of Online Program Managers (OPM)
Shutting or Consolidating Low-Enrollment Colleges
Reducing Duplicate Degree Programs and Courses
NCAA College Sports Programs
Final Thoughts
Notes