The Corporatization of Universities - English

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Corporatizatio   corporate   university   Universities   investment   banks   higher   education   corporations   federal   government   fee   higher    

What happened about 1980 was that states started to cut their funding of higher education, & so universities looked for other ways of making money, & so they concentrated on raising funds & doing research, & especially research funded by corporations & the federal government. And so, basically now at a lot of universities, instruction only represents about ten percent of the budget, and so its a minor aspect of the universities. And most people dont know that, that universities, in some ways, are just kind of fronts for investment banks and investments...." Bob Samuels, president of the University of California American Federation of Teachers, interviewed on Democracy Now, 20 Nov 2009

Added by syed_nadeemi on 20-11-2011
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