This text provides a framework for understanding higher education in the US and other western countries since the 1970s whereby the logic of the market place has increasingly come to dominate all arenas and, in context, the education system. The author calls this process "commodification" and he describes the transformation of universities in the US and elsewhere as they attempt to accomodate the enforced changes on their academic lives and those of their students.; The book chronicles changes with the increasing focus on career and the movement towards the instrumental functions of education; the financial crisis and the development of a more corporate approach to education; of consumption that produce universities heavy with expensive, well-equipped and powerful administrations and decreasing numbers of ever more disenfranchised faculty.
Nasson College was a small, liberal arts college located in Springvale, Maine. Unfortunately, declining enrollment and questionable management decisions led to its bankruptcy and closing. But the path to closure had been set in motion many years before, long before the college filed for bankruptcy in November 1982. As it turned out, the end of Nasson College was not the end of Nassons story. Author Richard E. Schneider tells the tale of how the community and alumni tried to save Nasson, which was in its time a beloved and respected school. College for Sale discusses how, as soon as the school closed, its corporate charter, the campus, the student records, and the outstanding multimillion-dollar trust fund that would eventually come due were in turmoil. It shares the details of the lawsuits, three bankruptcy auctions, loan defaults, federal investigations, congressional interventions, the schools reopening, and its subsequent closing. College for Sale shows how the Nasson alumni held together and, bit by bit, restored the Nasson Alumni Association to an active, vibrant organization, just as the old campus was revitalized with millions of dollars in new capital investments.
This book aims to demonstrate how the invisible pressure from prominent corporations controls American society and the education system. The book was written in response to public comment by Dr Tildsley in May 1922 that schools are no longer run to the benefit of children. This statement is the book's thesis, which is informative and persuasive. It examines details of the schooling system, the curriculum and the politics surrounding schools in America.