Tuesday, February 24, 2015

Corporate Governance and Shared Governance

Inside Higher Ed
February 24th, 2015

This should be a much bigger story.
IHE ran a story by Ry Rivard that should have set sociologists and economists running wild. It’s about several non-profit colleges, including one community college, that have made policy changes affecting students at the behest of bondholders.
It’s one of those seemingly trivial or technical articles that signals a sea change. It’s a discernible parallel to what happened to the private sector in the 1980’s, and it may well lead in a similar direction. Whether pro or con, ignore it at your peril. And I say this as someone not disposed to alarmism.
I’ll back up.

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