All posts by John R. Thelin

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A Prophet of Higher Ed’s Financial Woes

Earl Cheit got it right.

His 1971 book, The New Depression in Higher Education, relied on good data to deliver the bad news that many American colleges were in financial trouble. The message was disconcerting, because most colleges had had a decade of full enrollments and major construction, combined with generous support from donors and state legislatures, and abundant federal grants for research. If there were problems in higher education, most news coverage focused on student protests.

Cheit …