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Richard Vedder
Minding the Campus
A massive financial crunch has hit many schools because of sagging tuition revenue growth—reflecting falling enrollment or more aggressive discounting of tuition fees—and reduced public financial support in the form of federal and/or state aid and stagnant private philanthropy, all occurring in an environment of heightened inflationary pressures increasing the dollars needed to operate.
Higher education works hard to avoid destruction while also avoiding needed moves designed to promote efficiency coming from increased outputs or lower costs, because its “owners” lack incentives to do so.
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For the good of the Nation, university leadership must seize this occasion to drive essential reforms—a process some began by adopting positions of institutional neutrality and improving policies related to campus protests. Before the end of 2026, I call on every postsecondary institution to describe to the American public your commitments to rigorous teaching, pathbreaking research, and national service—commitments that make our universities a bedrock institution of the American republic.
Now the administration is back with Compact 2.0, formally titled "A National Call to Action to University Presidents and Governing Boards." It includes some rhetorical flourishes intended to make it seem less threatening to teaching, learning and research. But make no mistake: It once again asks colleges and universities to align themselves with a far-right agenda at the expense of students’ education and the public’s well-being.
