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Privatize the UW

Why Not Just Privatize Higher Education?

Posted on SLOG  by Goldy on Tue, Apr 5, 2011 at 4:35 PM

…..excerptedAs a percentage of our state economy, higher education spending had already dropped 63.7 percent from a high of $15.53 per $1,000 of personal income in 1974 to $5.48 per $1,000 in 2010. And falling. Dollars speak louder than words, and clearly, as a state, we obviously no longer believe that providing affordable access to a quality college education is all that important anymore.

So why not just make it official? Let’s just privatize, sell off, or shut down our state colleges and universities and watch the market work its magic.

The best deal for taxpayers would be to auction off the assets to the highest bidders, but that might even strike some Republicans as too radical. So the more pragmatic, yet still fiscally conservative approach would be to just phase out state funding over say, a ten year period, and let the individual institutions sink or swim on their own.

Sounds crazy, I know. Yet we’re already halfway there, and with zero indication that this bipartisan program of disinvestment will turn around anytime soon. So wouldn’t everybody be better served if we were just honest about our state higher education policy, and gave administrators, faculty, and students a little time to prepare?

Maintaining an affordable and excellent public college and university system is simply not a priority in Washington state anymore. It just isn’t. And it hasn’t been for years. The sooner we admit it and move on, the sooner we as a state can lower our economic expectations to meet this new reality.


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