“When I look around at the risk/reward curve for higher education it’s grim. We’ve really gone past the point where raising tuition higher than inflation and then financializing the payment system has become abusive. I certainly never intended for myself an academic career and, were the academy to suffer, I’d just go do something else. I don’t have a commitment to it or to really, frankly, almost any institution that assumes that it has to be stable forever.
Plainly, universities are the kind of institutions that are ripe for pretty radical reconsideration. Probably because the founding story of many institutions and particularly the ones that we think of as the kind of original avatars of American higher education was “notable gentlemen X donated their library.” Right? So literally just access to written material became an important enough gesture that you would organize a university around it. And whatever [laughs] — whatever it is people need more of today, it ain’t access to written material.”