ON-Lion Letter
The German Model is running out of steam.  Both America's college and university system and its K-12 education system were originally created based on German approaches in the 19th Century.  Now that it's the 21st Century, Glenn Harlan Reynolds suggests in Encounter Books' forthcoming The New School:  How the Information Age Will Save American Education From Itself, it's time for a change.

Reynolds is the Beauchamp Brogan Distinguished Professor of Law at The University of Tennessee.

Higher education in America is facing a bust much like the housing bubble, according to Reynolds.  It is the product of cheap credit, coupled with popular expectations of ever-increasing returns on investment -- and, as with housing prices, the cheap credit has caused college tuitions to vastly outpace inflation and family incomes.  Now this bubble is bursting.

In The New School, he explains the causes and effects of this bubble and the steps colleges and universities must take to ensure their survival.  As students become less willing to incur debt for education, colleges and universities will have to adapt to a new world of cost pressures and declining public support.

On the K-12 level, for decades now, America has been putting ever-growing amounts of money into the system, while getting steadily poorer results.  Now parents are losing faith in public schools, new alternatives are appearing, and change is on the way. 

As the best students abandon traditional public schools, The New School provides a succinct description of what's wrong, and where the solutions are likely to appear, along with advice for parents, educators, and taxpayers.

Encounter Books is an activity of Encounter for Culture and Education, a nonprofit group that is substantially supported by The Lynde and Harry Bradley Foundation in Milwaukee.
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