Search

« Back to Publications

Nobel Prize winning economist says proposed higher education changes ‘a crime’

Nobel Prize winning economist and Columbia University Professor Joseph Stiglitz has said that Australia had “a system that is really a model for the rest of the world”, and that deregulating fees would move the entire system in the wrong direction.  “Trying to pretend that universities are like private markets is absurd.  The worst-functioning part of the US educational market at the tertiary level is the private for-profit system. … It is a disaster. It excels in one area, exploiting poor children.  If you’re rich your parents can pay the fees, but if you are poor you are going to worry about how much debt you’re undertaking.

The TJRyan Foundation does not guarantee the accuracy, currency or completeness of any information or material available on this website. The TJRyan Foundation reserves the right to change information or material on this website at any time without notice. Links from this site to external, non-TJRyan Foundation websites should not be construed as implying any relationship with and/or endorsement of the external site or its content by the TJR Foundation, nor any commercial relationship with the owners of any external site. Should any TJRyan research project be funded by an individual or organisation the source of funding will be stated beside the research report. In all other cases contributions are provided on a pro bono basis.
Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles

This field is for validation purposes and should be left unchanged.