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How 9/11 changed everything, whether is was what we were told it was or not it changed the world. Richard Vedder every single thing in world history makes it influence.
Richard Vedder, a distinguished Professor of Economics at Ohio University in Athens, speaks on the dangers regarding the growth of the government in crisis. Sadly it nevers comes back to its pre-crisis size. Every additional dollar collected in taxes contributes to more than a dollar increase in public spending.
Dean Czarnetzky of the Ave Maria School of Law joins us with his analysis of a busy two days at the Supreme Court. Richard Vedder reacts to the Supreme Court's decision to strike down Student Loan forgiveness and Phillip Munoz discusses what the Declaration of Independence means today.
This week on “The Learning Curve,” co-hosts Cara Candal and Gerard Robinson talk with Dr. Richard Vedder, Senior Fellow at the Independent Institute and Distinguished Emeritus Professor of Economics at Ohio University. He shares analysis on the macro impact of COVID on the U.S. labor market, and the long-term economic prospects of American college students. […]
This week on “The Learning Curve,” co-hosts Cara Candal and Gerard Robinson talk with Dr. Richard Vedder, Senior Fellow at the Independent Institute and Distinguished Emeritus Professor of Economics at Ohio University. He shares analysis on the macro impact of COVID on the U.S. labor market, and the long-term economic prospects of American college students. He reviews insights from his recent book... Source
This week on “The Learning Curve,” co-hosts Cara Candal and Gerard Robinson talk with Dr. Richard Vedder, Senior Fellow at the Independent Institute and Distinguished Emeritus Professor of Economics at Ohio University. He shares analysis on the macro impact of COVID on the U.S. labor market, and the long-term economic prospects of American college students. He reviews insights from his recent book... Source
We continue the 2022 Countdown with Stephanie Mann, who celebrates the life of St. Nicholas Owen, and Andre Villeneuve discusses Israel and The Land. What is the state of American education? Is college worth the investment? Should Student Loans be forgiven? We talk with Betsy DeVos and Richard Vedder in this hour of the Countdown.
Monica Miller invites you to join the National Day of Remembrance for aborted children and Richard Vedder analyzes Biden's student loan forgiveness. Andrew McCarthy analyses the Mar-a-Lago Affidavit and Sr. Joseph Andrew looks at the duality of men and women in the Church.
0:00 - Dan defends the controversial PBR PAC ad 29:45 - Dan & Amy give their reaction to Mr. 10% student loan “forgiveness” 48:10 - Dan & Amy with a look ahead to the midterms 01:05:22 - Emeritus Professor of Economics Emeritus at Ohio University, Senior Fellow at the Independent Institute, and author of Restoring the Promise: Higher Education in America, Richard Vedder, asks Can the U.S. Become Exceptional Again? 01:21:15 - Mark Bauerlein, professor of English at Emory University, explains The Plight of the Progressive Teacher. Be sure to check out Mark's books The Dumbest Generation and most recently The Dumbest Generation Grows Up 01:36:41 - Author of The Coming Collapse of China and The Great U.S.-China Tech War, Gordon Chang, notes that recent actions by the the CCP show China Is Preparing To Go To War. Godon is a must follow on twitter @GordonGChang 01:50:20 - Illinois State Representative for the 8th district, La Shawn Ford, weighs in on the controversial PBR PAC ad and the SAFE-T act. For more on Rep Ford's work for the 8th district visit lashawnkford.com See omnystudio.com/listener for privacy information.
GUEST OVERVIEW: Richard Vedder is a Senior Fellow at the Independent Institute, Oakland Calif., a Distinguished Professor of Economics Emeritus at Ohio University, and author, most recently of Restoring the Promise: Higher Education in America.
GUEST OVERVIEW: Richard Vedder is a Senior Fellow at the Independent Institute, Oakland Calif., a Distinguished Professor of Economics Emeritus at Ohio University, and author, most recently, of Restoring the Promise: Higher Education in America.
Richard Vedder on his career as a policy advocate professor
On February 24, Russian President Vladimir Putin ordered his army into Ukraine. Since then, the Ukrainian people have been engaged in a struggle to defend their territorial integrity and very status as a nation in the midst of this Russian attack. How should we understand such geopolitical events? What are we to make of the events in Ukraine? How do these events fit in with the longstanding foreign policy goals of the Russian Federation, and how much of these events derive from the personality of Russian President Vladimir Putin? In today's episode, host Winston Brady interviews Dr. Richard Vedder to talk about these issues. In 2000, Dr. Vedder was invited as part of a special delegation of free-market economists to provide advice to recently-appointed President Putin on the issues of taxation, private property rights, and other reforms in line with free-market economics. In the show, Dr. Vedder talks about his personal experiences traveling through Russia, meeting President Vladimir Putin, and providing economic advice to various high-ranking officials of the Russian government.
Todd Zipper, EVP and GM of Wiley University Services and Talent Development, welcomes Richard Vedder, Distinguished Professor of Economics Emeritus at Ohio University. In this episode, Todd and Richard discuss the current affordability crisis in higher ed, the idea of free college, and alternative ways for students to finance their education. Topics Discussed: Why college enrollments have declined in the past decade How the rise of student loans in the 1970s led to massive tuition increases and student debt Why prestigious universities continue to grow The impact of the free college movement The benefits of implementing a college exit exam for graduates Guest Bio Richard Vedder is a Distinguished Professor of Economics Emeritus at Ohio University and Senior Fellow at the Independent Institute. He is well known for his work as an economic historian with a focus on the economics of higher ed. Previously, he served on the Spellings Commission on the Future of Higher Education, ran the Center for College Affordability and Productivity, and administered Forbes' Best Colleges rankings. Richard is also a prolific writer. He has authored over 200 scholarly papers and many books including, Going Broke by Degree: Why College Costs Too Much, Restoring the Promise: Higher Education in America, and Out of Work: Unemployment and Government in Twentieth-Century America.
On today's episode, host Winston Brady speaks with Richard Vedder about the study of economics, the value of hard work and entrepreneurship, and why the study of free market markets is more valuable now than ever. Richard Vedder is the Distinguished Professor of Economics Emeritus at Ohio University. He has written for both scholarly journals and popular publications such as The Wall Street Journal. Vedder also has administered the "Best College Rankings" for Forbes magazine. He has been a long time supporter of Thales Academy, having spoken at some of our Luddy Debate tournaments on the value of economics, and delivered a lecture at Thales Academy Rolesville entitled, “American Greatness and Preparing for the Future.” Check out more information about Thales and Thales Press here: https://www.youtube.com/channel/UCl-5t4R8RSLX9A-CWJC9wDQ
America has long been described as the land of opportunity. In this webinar, Dr. Richard Vedder examined the characteristics that have contributed to America's greatness and the opportunities and freedoms we enjoy as citizens of the United States. Moreover, Dr. Vedder proposed ways students can contribute to the flourishing of the United States and prepare a future of excellence for themselves and their communities.Dr. Richard Vedder is the Distinguished Professor of Economics Emeritus at Ohio University. He has written for both scholarly journals and popular publications such as "The Wall Street Journal." Vedder also has administered the "Best College Rankings" for "Forbes" magazine. This webinar was streamed on February 8, 2022. It is available to stream here: https://youtu.be/w-LQBqx-x1YLearn more about Thales Press and register for upcoming events and webinars at https://www.thalesacademy.org/resourc...
Live interview with Dr. Richard Vedder, economist
We discuss the border and have a deep dive into the economy. Our guests are: John Eastman, Dr. Richard Vedder, Anthony Sabatini, Brian Kennedy, Ben Bergquam, Todd Bensman, Auden B. Cabello Stay ahead of the censors - Join us warroom.org/join Aired On: 09/21/2021 Watch: On the Web: http://www.warroom.org On Podcast: http://warroom.ctcin.bio On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews
We discuss the border and have a deep dive into the economy. Our guests are: John Eastman, Dr. Richard Vedder, Anthony Sabatini, Brian Kennedy, Ben Bergquam, Todd Bensman, Auden B. Cabello Stay ahead of the censors - Join us warroom.org/join Aired On: 09/21/2021 Watch: On the Web: http://www.warroom.org On Podcast: http://warroom.ctcin.bio On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews
Jason Brennan, author of Cracks in the Ivory Tower, joins Erik to discuss:- The fact that students who finish college are actually more pro-market than students who don’t.- Why general education requirements are often pushed by departments that are struggling, and how that leads to rent-seeking.- The idea of “transfer of learning” and why students don’t transfer lessons from their English Literature classes to become better writers in the workplace, even though in theory they should.- Why the cost of college has gone up so much and the incentives that prompt administrators to hire more administrators.- Where he agrees or disagrees with Richard Vedder and Bryan Caplan.- What Jason thinks should happen versus what he thinks will happen to higher ed in the next ten years.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup
Richard Vedder, author of Restoring The Promise: Higher Education in America, joins Erik to discuss:- The origins of the myth that higher education is the key to career success.- The unintended consequences of student loans, including the fact that colleges raised tuition dramatically in response to the increase in borrowing.- The key pieces of government regulation that impacted higher education and why the GI Bill led to an explosion in the number of universities.- Where he agrees and disagrees with Bryan Caplan and Peter Thiel.- The history and evolution of colleges in the US.- The fact that the earnings gap between college and non-college educated workers is not due to what a student has learned but rather that they have demonstrated the determination to get in to college in the first place.- Why colleges have been so resilient.- What he would do if he was starting a new university from scratch today.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup
Richard Vedder is a Distinguished Professor of Economics at Ohio University. He spent a large part of his career on the economics of higher education. He served on the Spellings Commission on the Future of Higher Education under President George W.Bush, ran the Center for College Affordability and Productivity, and has administered the Forbes' Best Colleges rankings for years. Mr.Vedder also serves as an adjunct scholar at the American Enterprise Institute (AEI), a Senior fellow at the The Independent Institute, as well as an economist with Congress' Joint Economic Committee. He has testified in front of congress numerous times and actively discusses his ideas in public. Richard Vedder commonly writes for major publications including the Wall Street Journal, Forbes, USA Today, and the Christian Science Monitor. Mr.Vedder is also the author of 5 books, including "Essays in Nineteenth-Century Economic History", "Out of Work", "Going Broke by Degree", "The Wal-Mart Revolution", and most recently "Restoring the Promise." Books by Richard Vedder: "Essays in Nineteenth-Century Economic History" "Out of Work" "Going Broke by Degree" "The Wal-Mart Revolution" "Restoring the Promise" Books recommended by Richard Vedder: 1.Churchill: Walking With Destiny – Andrew Roberts 2.The Splendid and the Vile – Eric Larson 3. Margaret Thatcher: Herself Alone – Charles Moore About The Inquiring Mind Podcast: I created The Inquiring Mind Podcast in order to foster free speech, learn from some of the top experts in various fields, and create a platform for respectful conversations. Learn More: https://www.theinquiringmindpodcast.com/ Instagram: https://www.instagram.com/theinquiringmindpodcast/ Facebook: https://www.facebook.com/theinquiringmindpodcast Twitter: https://twitter.com/StanGGoldberg Subscribe to the Inquiring Mind Podcast: Spotify: http://spoti.fi/3tdRSOs Apple: http://apple.co/38xXZVJ Google Podcasts: http://bit.ly/3eBZfLl
Richard Vedder, a distinguished Professor of Economics at Ohio University in Athens, speaks on the dangers regarding the growth of the government in crisis. Sadly it nevers comes back to its pre-crisis size. Every additional dollar collected in taxes contributes to more than a dollar increase in public spending.Video version of the interviewSupport the show (https://www.paypal.com/paypalme/sebastianstodolak)
Join Jimmy Sengenberger at the Crossroads with special guest Dr. Richard Vedder, PhD. What are the REAL reasons student loan debt keeps rising? Could the Covid-19 Pandemic result in a DECREASE in tuition costs? And with Black Lives Matter at its apex, how do we know the GOVERNMENT'S student loan system is why African Americans are disadvantaged when it comes to higher education and job opportunities? Jimmy Sengenberger (@SengCenter) delves into these topics and is joined by Dr. Richard K. Vedder, Distinguished Emeritus Professor of Economics at Ohio University and founding director of the Center on College Affordability and Productivity, to discuss. Jimmy then offers a stirring monologue on what the great abolitionist, Frederick Douglass, really argued in his speech, "What to the Slave is the Fourth of July?"
John is joined by Richard Vedder, a professor emeritus of economics at Ohio University and senior fellow at The Independent Institute. The two talk about how college is broken, what it would look like to create alternate professional pathways, and why it will be hard to undo a lot of the results of America's college obsession. For more on how to advocate for more career and technical education and against college as the only option for students, head to https://www.byjohnphillips.com to check out the resources found in the show notes of this episode.
Colleges and universities and average families are all feeling the financial pinch from the COVID-19 pandemic and the impacts are dramatic. Dr. Richard Vedder, emeritus distinguished professor of economics at Ohio University, outlines, for the Spectrum Podcast, how these loses will really be felt. He notes that higher education was already under financial distress before the pandemic arrived. Many universities were facing declining enrollments and rising expenses. Cutbacks were already in the offing. However, the pandemic added another layer of financial losses on top of a crumbling financial model for many colleges. He notes, that across the country, universities were having to cut staff and administrators even before closing campuses this spring. Some colleges are even closing their doors—not to be reopened. Now, with declining state funds along with plummeting enrollments, higher education is making further cuts of staff, administrators and faculty in unprecedented fashion. At the same time, Vedder says many families now are questioning whether their child should even go to college. He cites the rise in young people following various trades from welding to plumbing and other service professions. He notes that many doing better financially than some college graduates. Vedder also describes the sudden financial hardships facing the average family. Jobs have been lost and some will not be replaced. Expenses continue while incomes are have suddenly and sharply declined. This is an environment, he notes, that is reminiscent of the Great Depression. People don’t know where to turn for help as unemployment rates skyrocket and retail sales figures plummet. In these times of uncertainty, it is not clear whether students will return or campuses or even come initially. This breeds continual upheaval for universities and makes planning extremely tenuous. Vedder is a Founding Director of the Center for College Affordability and Productivity in Washington, D.C. and a fellow at the Independent Institute.
The COVID-19 coronavirus pandemic is reshaping lives in North Carolina, across the country, and around the world. The John Locke Foundation is helping N.C. leaders respond to challenges linked to the pandemic. CEO Amy Cooke discusses freedom-forward ideas JLF is promoting to help the state. She also assesses the impact on people’s wallets, job opportunities, and plans for the future. Ohio University economics professor Richard Vedder has spent more than five decades teaching in college classrooms. He’s had a front-row view of higher education’s problems. Vedder discusses his concerns in the recent book Restoring the Promise. During a recent visit to North Carolina, he shared key themes from the book. State lawmakers want to make it easier for military veterans and their spouses to work in this state. You’ll hear highlights from a recent legislative debate about loosening occupational licensing restrictions for those connected to the military. Before COVID-19 hit the American economy, observers already were thinking about the trajectory of the American economy. Paul Cwik, professor of economics at the University of Mount Olive, applies what’s known as Austrian business cycle theory to offer pre-coronavirus projections for the future. N.C. public schools will remain closed to students at least through the middle of May. That means families across the state are transitioning to online instruction. Terry Stoops, John Locke Foundation vice president for research and director of education studies, discusses challenges and opportunities linked to technology-based education.
Economist Tim Terrell explains why the common rankings of "health outcomes" are so often biased against the United States, and why big businesses often support certain environmental regulations. Hint: it's not for reasons progressives will like. Mentioned in the Episode and Other Links of Interest: The YouTube video (https://youtu.be/4xxgiykk1qg) of this interview. Links to the Quarterly Journal of Austrian Economics (https://mises.org/archives-quarterly-journal-austrian-economics) . Bob's co-authored book on health care economics, (https://www.amazon.com/gp/product/1939563097/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=consultingbyr-20&creative=9325&linkCode=as2&creativeASIN=1939563097&linkId=423aca73894efa49122cee5a5de29f02) . #CommissionsEarned (As an Amazon Associate I earn from qualifying purchases.) The Bob Murphy Show ep. 69 (https://www.bobmurphyshow.com/episodes/ep-69-richard-vedder-on-restoring-promise-higher-ed/) , interview with Richard Vedder on the state of higher education. Murray Rothbard's classic article (https://mises.org/library/law-property-rights-and-air-pollution) on pollution and property rights. Bob's article (https://www.instituteforenergyresearch.org/uncategorized/federal-government-give-americans-clean-air/) showing why the EPA is not responsible for clean air in the US. Bob's article (https://www.instituteforenergyresearch.org/regulation/dirty-secrets-about-the-clean-future-act/) on the "CLEAN Future Act" which summarizes many of his points about the economics of climate change. Help support (http://bobmurphyshow.com/contribute) the Bob Murphy Show. The audio production for this episode was provided by Podsworth Media (http://podsworth.com/) .
On this episode of the Bill Bennett Show, Bill spoke with Professor Richard Vedder about his new book "Restoring the Promise: Higher Education in America". Professor Vedder is the Senior Fellow at the Independent Institute and Distinguished Emeritus Professor of Economics at Ohio University; and he is the Founding Director of the Center for College Affordability and Productivity in Washington DC. Learn more about your ad choices. Visit podcastchoices.com/adchoices
On this episode, John Papola chats with Founder/President/CEO of the Independent Institute, David Theroux. David also founded the C.S. Lewis Society of California. The two collaborated on both seasons one and two of the web series “Love Gov”. John and David take a deep dive into the history and ideas of natural law, the pre-modern/postmodern debate, and the idea of emergent order. This episode is accompanied by a hefty reading list, as Theroux talks about the many books that have shaped his worldview. More from our guest: Independent Institute Bio Twitter IMDb Page References from this episode: Love Gov: From First Date to Mandate (Web Series) Love Gov 2: A Crisis Not to Waste (Web Series) Conscience of a Conservative by Barry Goldwater The Abolition of Man by C.S. Lewis The Victory of Reason by Rodney Stark Principles of Economics by Carl Menger Choice by Robert Murphy Man, Economy, and State by Murray Rothbard The Evolution of Everything by Matt Ridley Restoring the Promise by Richard Vedder
(https://www.bobmurphyshow.com/wp-content/uploads/2019/10/vedder.png) Economist Richard Vedder discusses his new book Restoring the Promise: Higher Education in America, which diagnoses what’s wrong with higher education and how to fix it. . . . . . . . . Mentioned in the Episode and Other Links of Interest: Richard Vedder’s new book, (https://www.independent.org/store/book.asp?id=129) . Richard Vedder and Lowell Gallaway, (https://www.independent.org/publications/books/summary.asp?id=44) . Bob Murphy’s book (quoting Vedder/Gallaway’s statistics), The Politically Incorrect Guide to the Great Depression and the New Deal (https://www.amazon.com/Politically-Incorrect-Guide-Depression-Guides/dp/1596980966/ref=as_sl_pc_tf_til?tag=consultingbyr-20&linkCode=w00&linkId=698aae21caac3af67a4590bf68e7413a&creativeASIN=1596980966) . #CommissionsEarned (As an Amazon Associate I earn from qualifying purchases.) How you can contribute (http://bobmurphyshow.com/contribute) to the Bob Murphy Show. The audio production for this episode was provided by Podsworth Media (https://www.podsworth.com/) .
Richard Vedder is an economist, historian, author, and columnist. He is a professor emeritus of economics at Ohio University and senior fellow at The Independent Institute. Who have just published his latest book called Restoring the Promise: Higher Education in America. In our discussion, I mentioned the fact that the number of hours of minimum-wage … Continue reading "CO126 Richard Vedder on America’s Short-changed Students"
Richard Vedder is an economist, historian, author, and columnist. He is a professor emeritus of economics at Ohio University and senior fellow at The Independent Institute. Who have just published his latest book called Restoring the Promise: Higher Education in America. In our discussion, I mentioned the fact that the number of hours of minimum-wage … Continue reading "CO126 Richard Vedder on America’s Short-changed Students"
College and university student enrollments are in a downward spiral because of multiple factors including parents and students questioning the value of a college education, according to Dr. Richard Vedder, author, historian, columnist, and emeritus professor of economics at Ohio University. Demographically, there is a decline in the number of traditional college eligible students born during a period of low fertility in America and the numbers are expected to get worse. The number of traditional 18-22 year old students will drop more than 15% between 2025 and 2029. Currently, we are in our seventh straight year of decline nationally. Not only are there fewer students but students and parents are now questioning the value of higher education compared to the costs involved. Dr. Vedder says there is a “flight to quality” – students want to get in the elite institutions of higher learning but if they can’t many do not see a lesser ranked college or university as a viable alternative. Students look at the high costs of education, mounting student debt and balance that against the fact that 41.4 percent of college graduates are underemployed, according to Dr. Vedder. College educated students are now doing jobs that were formerly done by those with lesser education and the earnings differential between college and high school graduates is now declining, Dr. Vedder adds. In short, there are too many college graduates for the number of professional, managerial and technical jobs available. Colleges and university who are most dependent on tuition as revenue will be hurt the worst by enrollment declines and Dr. Vedder says experts are noting that many universities will either close their doors or merge with other institutions over the next two decades. He notes that universities have high labor costs and high fixed costs and those costs need to be met by enrollment driven tuitions and other fees. But, if students are not present more and more colleges and universities will find themselves in financial binds. Some educators worry that colleges and universities have been too slow to recognize these trends and are lagging behind in innovations to increase the value of degrees. Dr. Vedder is also a senior fellow at The Independent Institute and was a founding director of the Center for College Affordability and Productivity in Washington, D.C.
Richard Vedder, an Independent Institute Sr. Fellow and a Distinguished Professor of Economics Emeritus at Ohio University, joins Paul E. Peterson to discuss his new book, "Restoring the Promise: Higher Education in America," and how rising college tuition costs have changed the dialogue around higher education. https://www.independent.org/store/book.asp?id=129
Every year, colleges raise tuition prices yet again. That’s helped create the student debt crisis, and it's causing more young people to skip college altogether. But what’s the government’s role here? Is it making things worse? And if so, what’s the solution? Richard Vedder, author of "Restoring the Promise: Higher Education in America." shares his thoughts. We also cover these stories:•Labor Secretary Alex Acosta defends his handling of Jeffrey Epstein plea deal. •An appeals court rules that President Trump's hotel isn't violating the emoluments clause.•California is becoming the first state to offer Medicaid to young adult illegal immigrants.The Daily Signal podcast is available on Ricochet, iTunes, SoundCloud, Google Play, or Stitcher. All of our podcasts can be found at DailySignal.com/podcasts. If you like what you hear, please leave a review. You can also leave us a message at 202-608-6205 or write us at letters@dailysignal.com. Enjoy the show! See acast.com/privacy for privacy and opt-out information.
Peter is joined by Richard Vedder to discuss the skyrocketing cost of college and the release of his new book.
In this episode, Ethan sits down with Dr. Vedder to get in depth on the current state of the costs and benefits of college, a conversation that has been very popular recently here on What's the Res. They discuss the collegiate world over the past fifty years, Dr. Vedder's newest book, Restoring the Promise, and the purposes of college. If you have a question for us, or for Dr. Vedder, email us at Whatstheres@gmail.com. Enjoy!
Higher education in America is in crisis. Costs are too high, learning is too little, and the payoff to students and society is increasingly problematic. In Restoring the Promise, Richard Vedder shows how the precarious position of colleges and universities results from a mostly unsuccessful expansion of governmental involvement in the academy, especially at the federal level.The book examines today’s most serious issues in higher education, including free speech and academic freedom; tuition and other costs; culture and curricula; governance; gender, race and diversity; due process; admissions; student loans; and much more. It diagnoses problems and identifies solutions. See acast.com/privacy for privacy and opt-out information.
Is college the only way to get a good job? Neal and Rich discuss with Richard Vedder, American economist, historian, author, and columnist. He is a professor emeritus of economics at Ohio University and senior fellow at The Independent Institute. What is the cost of Beto's Climate Change proposal? Marc Morano, ClimateDepot.com explains
Joe Biden officially enters the 2020 race in a rambling speech that desperately tries to explain away the extraordinary Trump economy. Plus, Richard Vedder stops by to reveal the truth about the big college scam.
Dr. Richard Vedder, Director of the Center for College Affordability and Productivity in Washington, DC, notes that the costs of higher education have increased markedly in recent years while the value of a college degree may be diminishing. To counteract these trends, he says that colleges and universities must implement reforms and modernize. But, the Distinguished Professor Emeritus of Economics at Ohio University notes that reform is an alien concept to many administrators and faculty in high education. In short, universities are reluctant to change and when change occurs it is at the slowest of glacial paces. Dr. Vedder notes that the costs of higher education have doubled since the mid- 1990’s yet family incomes have not kept pace. He also cites that the cost of college has increased 16.5% between 2006 and 2014.. He also claims that nearly 40 million Americans have college debt which collectively equals about $1.3 trillion dollars. Yet, the gap between the earning power of a college graduate and a non-graduate is narrowing. In 2014, the earning differential between a college graduate and a high school graduate fell 11 percent for men and 19.7 percent for women ages 25-34, according to the College Board. To stay relevant, Dr. Vedder says colleges and universities must reform and modernize but many are reluctant to do so. New and cheaper educational delivery systems must be employed and efforts to curtail costs must become a priority. Technology must be more widely used. He cites Ohio’s proposed cap on textbook costs at $300 per year per student as an example of curtailing fees. Any costs over that amount would be borne by the institutions – thereby, giving administrative financial incentives to rethink the use of traditional text books. He thinks greater use of online courses and non-traditional teaching methods would cut costs and perhaps even make the educational experience more relevant to the real professional world. Finally, Dr. Vedder criticizes the “countryclubization” of the college living experience for students as a factor inordinately driving up higher education costs. He cites that many institutions are more concerned with the social amenities offered students in their living environments than the quality of their educational experience.
Richard Vedder joins us this week to discuss what he’s identified as three major problems with the way today’s American higher education system works.Why is higher education so expensive, and how did it become so expensive so quickly? If student aid and loans only aggravate the problem, can anything be done to remedy this? Is going to college more of a status symbol than a necessity these days? See acast.com/privacy for privacy and opt-out information.
Veteran political observer and world renowned economist Dr. Richard Vedder analyzes Donald J. Trump’s unprecedented attacks on Republican high-ranking officials during a campaign and the intraparty fights led by the GOP’s presidential candidate. Vedder, a long-time Republican and fiscal conservative, said this type of intraparty chaos is unprecedented. “It is unique,” Vedder says. The only election close to this was when former President Theodore Roosevelt bolted from the GOP in 1912 to form the Bull Moose Party and challenge incumbent GOP President William Howard Taft, from Ohio. Both lost to the Democrat Woodrow Wilson. Vedder claims that Trump sees himself more as a “populist” than a Republican. He is going after blue collar white voters regardless of party. His base crosses party lines. He, therefore, doesn’t care about the GOP “elite.” Trump hopes to add to that base with GOP loyalists who also are angry with the Republican power elite, Vedder says. Vedder says that this election is unique, not only because of Trump’s unprecedented campaign style but because both candidates (Republican and Democrat) are “morally despicable” to the average voter. Despite the intraparty wrangling in the GOP, Vedder thinks pundits may have written Trump off too soon. Vedder is less trusting of polls in this election than in others and he feels there is a hidden Trump vote. He thinks people are afraid to admit that they will vote for Trump but they still may do so in the privacy of the voting booth. He does feel, however, that the intraparty fighting could hurt down-ballot U. S. Senate and House of Representative races for the Republicans. Kyle Kondik, a professional campaign and election expert with no political bias, believes, that Trump’s recent slide in the polls puts him too far behind in Electoral College votes to catch up by Election Day. Kondik notes that Trump is falling further behind in most swing states, with the exception of Ohio. Kondik believes, however, that Ohio is still a toss-up state. He reminds us that no Republican has ever won the Presidency without carrying Ohio but Democrats have. He believes Trump must win Ohio to have a chance but Hillary Clinton need not take Ohio to win the Presidency.