Have you ever wondered why so much of academia are in favor of giant, activist government? I would say that a lot of it has to do with their egos and bank accounts.
Giant government spends a lot of money on grants and other activities that provide money and power to academia. Since these professors are considered to be experts in their fields, many in government, especially on the Democrat side, turn to them for advice. This provides them with a boost for their egos and most importantly, money and influence.
The trouble with working in the “dreaded private sector” is that they expect concrete results from their investments. When you work for the government, accountability is much lower and you can skate along with failures and second-rate results. Yet, even when you are a loser, you have the ears of the most powerful people in the country. That provides a real ego boost for a loser.
More important to colleges and universities is the money they collect from students that is funded by student debt. Kids fresh out of high school don’t know the value of a dollar these days. Many of them want to go to these boutique schools with famous reputations without thinking about what it will cost. They choose majors that give them little chance of getting job in their chosen fields once they graduate. They think that borrowing is funded by “Monopoly money” until it comes time to pay. Then the stuff hits the fan.
“The little professors” benefit form this system because student debt increases their salaries and job security. Therefore, it’s no surprise that “the little professors” are big advocates for canceling the student, which is now up to 1.7 trillion dollars. They have been the beneficiaries of the student debt program, and wiping it out and starting over will insure that they will continue to collect their salaries and have job security through tenure.
Less you think that I am a “deplorable” who has never darkened the halls of a college or university, I have a BS in accounting and an MBA. I have about 190 college credits under my belt. I got those degrees from two state universities that didn’t charge tuitions that were outrageously high for their time. There is no way that I could have afforded that. I learned from really some very inspiring professors, but I also ran into some clunkers who deserved a kick in the butt because they were lazy and unprepared for the classes they taught.
Teaching in college should be like everything else. Results should be rewarded, and sloth should be penalized.