Do you have any data supporting an overabundance of ‘basket weaving’ degrees? I mean, I have a couple myself depending how you define them (criminology and law), both popular programs at my school… Doesn’t seem to have hurt my earnings prospects at all, and I’m now pursuing my master’s on the side. Surely by now we have some good longitudinal data of where different degree programs tend to take one in terms of income. I’m not doubting that some have more economic value, some have less, and that a lot more than just the words on the paper on the wall go into eventual income attainment. But I’m sure there’s data on that.
That impacts affordability in terms of people who cannot currently afford domestic tuition now being able to. It doesn’t result in more revenue for the schools, and in fact would probably worsen the ‘subsidized basket-weaving degrees’ phenomenon.
Yup, salaries for instructors and administrators is definitely a big part of the fiscal picture. Particularly in the case of tenured professors that’s hard to change, which is why eliminating contracts instructors is the easy button. Unfortunately the contract instructors provide a lot of the interesting and useful electives that round out programs.
Do we have data on national origin of Canadian doctors graduating and being licensed in the past, say, five years?