Profitable Nonprofits

George Leef

In today’s Pope Center Clarion Call, I comment on the recent paper by Professor Vance Fried, “Federal Higher Education Policy and the Profitable Nonprofits.” His argument is that nonprofit colleges act like profit-making enterprises, but they simply spend their excess revenues in ways that keep the people in and around them happy — the faculty and administrators primarily. That leads to needlessly high costs and inefficient use of resources. Market competition usually squeezes out inefficiency and excess profits, but the market for higher education is not very competitive due to barriers to entry and government subsidies.

  • Share

Most Commented

May 1, 2017

1.

Binghamton University Responds to NAS’s Report

SUNY Binghamton offers critiques and corrections to Outsourced to China. ...

March 23, 2011

2.

Looking for Answers? Ask a Scholar!

NAS is partnering with Intellectual Takeout to answer questions that call for scholarly judgment and can't be answered by Wikipedia. ...

September 5, 2014

3.

Post Traumatic Slave Syndrome

"[PTSS] provides an evidence-proof explanation that lifts away moral responsibility from those engaged in self-destructive, anti-social, and criminal behavior."...

Most Read

May 15, 2015

1.

Where Did We Get the Idea That Only White People Can Be Racist?

A look at the double standard that has arisen regarding racism, illustrated recently by the reaction to a black professor's biased comments on Twitter....

June 15, 2020

2.

See Clearly, Decide Wisely, Act Justly

An Open Letter to the Converse College Community in response to its administrative decisions relating to diversity and inclusion on campus. ...

April 9, 2018

3.

How Many Confucius Institutes Are in the United States?

Download an updated PDF that lists all of the Confucius Institutes in the United States, along with information on who to contact if you have concerns....