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Posts Tagged ‘Richard Vedder’

Why Does College Cost So Much?

Wednesday, August 19th, 2009

Ohio University professor Richard Vedder discusses how government policies to make college more affordable have actually made it much more expensive:

Earlier this year, the Buckeye Institute released a study written by Dr. Vedder and me critiquing the Ohio Board of Regents plan for Ohio’s higher ed future.

Higher Spending on Higher Ed?

Wednesday, July 15th, 2009

Reason TV has a new video out on the folly of President Obama’s proposed higher education entitlement:

Dr. Richard Vedder and I sounded many of the same themes in our critique of the Ohio Board of Regents’ higher education plan.

“Disparate Impact” and Unintended Consequences

Monday, January 5th, 2009

In his Sunday column, George Will writes about a study by Byran O’Keefe and Dr. Richard Vedder (an Ohio University professor and scholar with the Buckeye Institute) that illustrates how the Supreme Court’s expansion of the concept of “disparate impact” affected higher education. In 1971 the Supreme Court expanded the 1964 Civil Rights Act to outlaw any employment qualification tests that may have a “disparate impact” on minority groups, regardless of whether these tests were actually discriminatory.

Mr. O’Keefe and Dr. Vedder illustrate how this led to more employers requiring college degrees for employees. As Will puts it:

This is, of course, just one reason college attendance increased from 5.8 million in 1970 to 17.5 million in 2005. But it probably had a, well, disparate impact by making employment more difficult for minorities. O’Keefe and Vedder write:

“Qualified minorities who performed well on an intelligence or aptitude test and would have been offered a job directly 30 or 40 years ago are now compelled to attend a college or university for four years and incur significant costs. For some young people from poorer families, those costs are out of reach.”

Indeed, by turning college degrees into indispensable credentials for many of society’s better jobs, this series of events increased demand for degrees and, O’Keefe and Vedder say, contributed to “an environment of aggressive tuition increases.” Furthermore they reasonably wonder whether this supposed civil rights victory, which erected barriers between high school graduates and high-paying jobs, has exacerbated the widening income disparities between high school and college graduates.

Griggs and its consequences are timely reminders of the Law of Unintended Consequences, which is increasingly pertinent as America’s regulatory state becomes increasingly determined to fine-tune our complex society. That law holds that the consequences of government actions often are different than, and even contrary to, the intended consequences.

Dr. Richard Vedder and Rep. John Adams speak about ALEC

Thursday, July 31st, 2008

Ohio University’s Richard Vedder received the Adam Smith Free Enterprise Award from the American Legislative Exchange Council today, and he and Rep. John Adams, R-Celina, speak about ALEC, higher education, the income tax and transparency.