Thursday, November 27, 2008
Where our money goes
At least the education money we spend on colleges. Shockingly, it's not for education. Technology in this area, just as much as the rest of the economy, can be used to make the product less expensive. It's just not being used for that now. You've got research, college sports, and all the lovely infrastructure projects, that attract new students with. A lot of it seems to be because of not having a good way to measure output of education spending. Of course, because this article is in The Washington Monthly they believe output should be almost exclusively "goody goody" stuff.