Freakonomics Radio 502. “I Don’t Think the Country Is Turning Away From College.”
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May 5, 2022 Chris Paxson, an economist and president of Brown University, offers a spirited defense of higher education amidst rising criticisms. She discusses the declining enrollment rates, particularly the challenges faced by mid-tier universities. The conversation delves into the interplay of college costs and societal expectations, while emphasizing initiatives that help lower-income students. Paxson also addresses the impact of COVID-19 on learning dynamics and the growing gender gap in college enrollment, raising intriguing questions about the future of education.
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Expanding Knowledge
- Expanding knowledge through research has greater societal impact than increasing student numbers.
- Focus on supporting public institutions and less-resourced colleges for broader access.
Town and Gown
- Brown's expansion in Providence has historically displaced neighborhoods, creating tension.
- Brown is now redeveloping derelict areas, turning a former power plant into a shared university space.
Tax Tradeoff
- Non-profit institutions like Brown provide substantial public goods, justifying tax exemptions.
- Brown contributes financially to Providence and provides services like physician training and loan forgiveness for teachers.