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What is a PSU diploma worth?

Reference article: Pa. universities get failing grade from new report

Apparently the asshats at the United States Chamber of Commerce (and Tom Corbett) believe that Penn State is "inefficient" and "lacks transparency" at cranking out drones for the workforce because it fails to track and allocate costs as if students were widgets.

Pennsylvania received an overall very low performance in this area because the Commonwealth does not measure student learning outcomes or track graduate performance in the labor market, the report said.

....

Though it's easy to see how much money colleges receive in state appropriations, universities are not required to specify what programs that money was used for.

For example, colleges do not separate the money they spend on graduate education from the money they spend on undergraduate education, the report says.

The meeting labor market demand category tries to measure the value of the programs universities offer.

In other words, the US Chamber of Commerce is upset that it has to pay taxes to support higher education when the University fails to track that:

  1. It costs $X to produce a graduate student in major A
  2. It costs $Y to produce an undergraduate student in major B
  3. Only some majors are worth producing for the marketplace

Yeah, yeah, yeah.... I know.....

But when I read this, I just had to vent.

So when Tom Corbett starts flapping his face about axing the PSU budget and becoming more "efficient" and "transparent," just remember that he's talking about cranking out privatized drones for the marketplace.

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