In light of this “Social Contract” isn’t it the responsibility of those who took charge of Society to allocate it’s resources efficaciously? If so then how is it that Public Universities give very low return to net loss on those “investments” where tax payer dollars subsidize higher education?
Table 2 is a damning indictment of Liberal stewardship. Once again, the term investment used by liberals is a sham. When we “invest” in something we expect a return of prinicipal plus a profit otherwise there is no point in “consuming” taxpayer dollars. It’s time for reform.
BTW – It would be interesting to know if Texas public universities fall into the “Non-/Less Competitive” and “Most Competitive” categories.