Could We Have Champagne Education on a Beer Budget?
In a recent Clarion Call, I lamented the fact that when higher education types get together to talk about the problem of affordability, they almost always conclude that the solution is to spend more government money to further subsidize college attendance. Very rarely do they consider ways of delivering education that will simply cost less.
At least one professor has given this some serious thought, however. Vance Fried, the Brattain Professor of Management at Oklahoma State University, has set forth a proposal that he believes will enable students to get “champagne education on a beer budget.” (You can read his proposal in full here.)
Professor Fried proposes what he calls the College of Entrepreneurial Leadership and Society (CELS) as a new model for undergraduate education that will give students more educational value for less money. His idea certainly caught my interest.