Did anyone read the article “Putting a Price on Professors” in the October 22 issue of the Wall Street Journal?
The article cites a growing trend to quantify the value of professors (and academic institutions in general) based on revenue generation, productivity, graduation rates, and the academic proficiency of those that graduate, among others.
What do you think of these recent trends to remake the educational system?
How do such trends impact newly hired, adjunct and tenured faculty?
Do the trends impact science vs. liberal arts programs differently?
Can academic value be determined based on the results of a balance sheet?