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Freakonomics Radio

What Exactly Is College For? (Update)

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.632K Ratings

🗓️ 15 August 2024

⏱️ 50 minutes

🧾️ Download transcript

Summary

We think of them as intellectual enclaves and the surest route to a better life. But U.S. colleges also operate like firms, trying to differentiate their products to win market share and prestige points. In the first episode of a special series originally published in 2022, we ask what our chaotic system gets right — and wrong. (Part 1 of “Freakonomics Radio Goes Back to School.”)

Transcript

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0:00.0

Hey there. It's Stephen Dubner. In a few weeks, a new batch of students will arrive at the nearly 4,000 colleges across the U.S.

0:12.0

It has been a turbulent time for higher education.

0:14.8

Enrollment is up a bit over the past couple semesters but that comes after years

0:19.6

of decline. Colleges are closing or merging at a rate of about one a week.

0:26.4

And the already heated conversation about free speech on campus got even hotter during the springtime

0:31.2

protests around the war in Gaza.

0:34.8

Perhaps most important, trust in higher education has been eroding.

0:39.0

First, on the right side of the political spectrum, but the left is catching up.

0:44.0

Last week we spoke with Tanya Tetlow, the president of Fordham University in New York City,

0:48.6

about how she has tried to navigate the turbulence.

0:52.6

We have always authorized any request to protest on our campus

0:56.6

that students bring us.

0:57.6

But what we navigate with them is, you know,

0:59.3

you don't point bullhorns at the library

1:01.2

during study session.

1:03.0

And earlier this year we spoke with Michael Roth, president of Wesleyan University, about having

1:08.1

hard conversations on campus.

1:10.4

You can't please everyone, but I don't think that's an excuse to say nothing.

1:15.0

Every college has had to wrestle with these recent events, but some schools, especially some of the most elite schools,

1:21.8

have had a particularly tough time.

1:24.1

It's been a very difficult year for higher education in general and it's been an especially

1:29.4

difficult year at Harvard.

...

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