The Obama administration's efforts to implement policies to address access and cost issues in higher education are well-intended. Yet in truth, they put the cart before the horse. A significant amount of work must be done first.
The Great Recession exposed deep systemic weaknesses in our economy. The test is not whether we can reflate another bubble, but whether we can build a new foundation for sustained growth and shared prosperity.
The corporate community and most venture philanthropists, persist in thinking schools should be run like businesses. This time around though, instead of the factory model school, they have bequeathed us the latest business fads.
If an employee doesn't have a lot of direct control over company profitability, asking for compensation in the form of stock, stock options, profit-sharing bonuses, etc., is a bit like buying a lottery ticket.