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UID:669@debtcollective.org
DTSTART;TZID=America/New_York:20260521T200000
DTEND;TZID=America/New_York:20260521T213000
DTSTAMP:20260505T174605Z
URL:https://debtcollective.org/event/college-for-all-jubilee-school-moving
 -towards-solutions/
SUMMARY:College for All Jubilee School: Moving Towards Solutions
DESCRIPTION:This session will kick off the second half of our College for A
 ll series as we move into a discussion of solutions to the problems we dis
 cussed in the first half. Join us as Marshall Steinbaum discusses his pape
 r "Rebuilding American Higher Education: From an Engine of Inequality to a
  Pillar of the Public Interest." This paper\, published by Higher Ed Labor
  United (HELU) and the Jain Family Institute\, proposes a wholesale makeov
 er of the US higher education system to operate in a pro-social manner\, w
 hich in effect requires a DNA transplant relative to the expensive\, highl
 y segregated\, and hierarchical system that underlies so many of the syste
 m's problems.\n\n 	To counteract institutional segregation and the tuition
 -driven inequality it depends on\, public institutions should receive dire
 ct federal funding on the condition they offer a free\, high-quality under
 graduate or technical degree to every academically-qualified student in th
 eir geographic catchment area\, while being prohibited from out-of-state r
 ecruiting\, price discrimination among admitted students\, and front-loade
 d financial aid.\n 	To replace the current model of privatized financing t
 hrough underwater student lending—roughly $100 billion originated annual
 ly\, of which CBO projects about seventy percent will never be repaid—we
  redirect those federal dollars\, along with research overhead currently t
 ied to individual grants\, into direct institutional support that pays for
  the free-college entitlement without requiring new revenue.\n 	To reverse
  the erosion of academic labor\, we propose a single-stream career structu
 re (graduate student\, postdoc\, junior faculty\, senior faculty) with col
 lectively-bargained pay scales\, equal labor-organizing rights for workers
  at public and private institutions through amendments to the NLRA and int
 erstate compacts\, and statutory protections for academic freedom.\n 	To e
 nd plutocratic governance\, private donors are barred from boards\, which 
 must instead include faculty\, staff\, student\, and public representation
 \, with the Department of Education serving as a sectoral regulator in pla
 ce of the captured accreditation system.\n 	And to restore knowledge creat
 ion as a public good\, federal research funding is redirected away from th
 e Bayh-Dole commercialization pipeline and toward open\, mission-driven na
 tional priorities like climate resilience and public health.\n\nFinally\, 
 because incumbent institutions and their plutocratic boards have historica
 lly been the most effective opponents of free-college reform\, we propose 
 a federally-chartered university system operating across many campuses nat
 ionwide as a "public option" — built from financially-distressed institu
 tions that opt in\, from elite institutions that forfeit their independenc
 e by capitulating to political extortion\, and from new campuses in unders
 erved areas. Its purpose is to discipline the rest of the sector toward eq
 uity and quality\, ensuring that reform proceeds with or without the coope
 ration of the existing actors who created the monster in the first place.\
 n\n 	Marshall Steinbaum is an Assistant Professor of Economics at the Univ
 ersity of Utah and a Senior Fellow in Higher Education Finance at Jain Fam
 ily Institute. He is an empirical labor economist by training\, and his re
 search investigates the existence and implications of employer power in la
 bor markets\, with applications to antitrust\, higher education\, and stud
 ent debt. In addition to his academic research\, he has written for a numb
 er of popular outlets relating to his expertise in inequality\, antitrust\
 , labor markets\, the history of economic ideas and intellectual history m
 ore generally\, student debt and higher education policy\, as well as book
  reviews related to those subjects.\n\nThis session is a part of the large
 r Jubilee School: College for All series.
CATEGORIES:Event
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