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Should-Read: Rick Levin: Toward Sustainable Financing of Higher Education

Summary:
Should-Read: The problem is that nobody really knows—yet—how to accomplish the successful “scaling [of] faculty productivity through online education”. The people who can successfully take MOOCs—at least as they are currently organized and envisioned—are people who could perfectly well learn via sustained interaction with the Turing-class virtual instantiation of the thinker they could construct and run on their wetware—in other words, by reading and thinking about the book. The fact that the lecture survived Gutenberg strongly suggests that that slice of the population—the successful MOOC-takers—is a relatively small fraction of even those who excel and strongly benefit from our current system of higher education. Rick Levin: Toward Sustainable Financing of Higher Education: “In the

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Should-Read: The problem is that nobody really knows—yet—how to accomplish the successful “scaling [of] faculty productivity through online education”. The people who can successfully take MOOCs—at least as they are currently organized and envisioned—are people who could perfectly well learn via sustained interaction with the Turing-class virtual instantiation of the thinker they could construct and run on their wetware—in other words, by reading and thinking about the book.

The fact that the lecture survived Gutenberg strongly suggests that that slice of the population—the successful MOOC-takers—is a relatively small fraction of even those who excel and strongly benefit from our current system of higher education.

Rick Levin: Toward Sustainable Financing of Higher Education: “In the face of rising costs of attendance and an escalating burden of student debt… http://www.cshe.berkeley.edu/events/toward-sustainable-financing-higher-education-0

…universities are under pressure to increase productivity and control costs.  This lecture offers three suggestions: (1) a novel framing of the argument for public support of universities, (2) conserving capital expenditures by proper accounting for the cost of facilities, and (3) scaling faculty productivity through online education…

Bradford DeLong
J. Bradford DeLong is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.

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