RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: America's $70,000/Year Liberal Arts Colleges Are Like Headless Zombies That Just Won't Die Mon Jul 29, 2019 6:20 pm | |
| Small liberal arts colleges in the U.S. simply refuse to die, despite a torrent of bad news about the U.S. higher education marketplace and the increasing uselessness of their degrees.
Bennington College in Vermont is one such example, according to Bloomberg. It sports famous alumni like Donna Tartt and Bret Easton Ellis and charges $73,000 per year for admission. Located at the foot of Vermont's green mountains, it nearly went out of business in the 1990's and was still under duress at the beginning of this decade.
But the school - and its 700 undergraduates - have hung on. It's a microcosm of how these types of schools continue to defy the odds nationwide. Massachusetts’ Hampshire College was another institution known for its artisiness than has somehow still hung on.
David Bergeron, a former deputy assistant secretary in the U.S. Department of Education who specialized in higher education said: “They’ve survived because they’ve been able to exploit what they’re good at, and that has enabled them to continue to attract students and retain faculty. The threat of closure has brought a new level of energy.”
https://www.zerohedge.com/news/2019-07-29/americas-70000year-liberal-arts-colleges-are-headless-zombies-just-wont-die |
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