Home > Educational Leadership, Higher Education > Crisis of Confidence Threatens Colleges

Crisis of Confidence Threatens Colleges

By Karin Fischer

The American higher-education system has long been seen as a leader in the world, but confidence in its future and its enduring value may be beginning to crack along economic lines, according to two major surveys of the American public and college presidents conducted this spring.

Public anxiety over college costs is at an all-time high. And low-income college graduates or those burdened by student-loan debt are questioning the value of their degrees, or saying the cost of college has delayed other life decisions.

Among college presidents, the rising price of college is not the only worry. They’re concerned about growing international competition and declining student quality, with presidents from the least selective, and thus sometimes the least financially stable institutions, the most pessimistic.

But perhaps the most troublesome finding from the surveys is this: More than a third of presidents think the industry they lead is heading in the wrong direction.

Continued at: http://chronicle.com/article/Higher-Education-in-America-a/127530/

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