If higher education faces laser-like scrutiny these days, everything I have observed says it is well deserved. A college degree is still a key determinant of earning capacity and job security. But as residents of Greenwich Village know, the pace of change keeps accelerating and, along with it, the cost of a college education. Tuition is increasing at both public and private institutions. Federal financial aid has diminished. States are reducing their support. Further belt-tightening is on the way as universities struggle to stay relevant and the economy continues to stagnate. Even more troubling is the growing mismatch between what colleges are teaching and what the labor market requires. It is this disconnect which The New School intends to address.
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