- Description
A conversation with Stanford President John Hennessy
- Keywords:
- education
- College
- endowment
- philanthropy
- Obama
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futurevisionaries 04/22/2011 03:33 PM Report
John,
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Franck 03/03/2009 04:33 AM Report
REMant: What's the difference between professors grading objectively and ranking? What's an example of professors promoting students according to considerations outlawed in the workplace?
REMant 03/02/2009 11:06 PM Report
I think we stopped investing in new technology not just because of a short-term attitude or selfishness, but the predominance since 1980 of skepticism and fatalism. In other words, I think a lot of Americans have known in their hearts for a very long time that the country would go bust someday, and probably before their retirement.
I think the reason colleges don't do more extension work is because they are selfish as well. You have to understand that colleges don't do anywhere near as much educating as they do selecting, and they are very concerned to make sure they keep their position in this status hierarchy, to a great extent in order to increase their endowments. In comparison to that, what they give in the way of scholarships is a pittance. Too, faculty are smitten with the idea that they cannot simply grade objectively, but must rank students, and promote them according to considerations that are outlawed in the workplace.
I really don't think China is going to grow that fast: 1. because they don't have the resources; and 2. because they continue to act as mercantilists in a fashion that cannot be sustained. A major part of the reason why we have our present problem is because of their subsidization of trade.
On elementary and secondary ed I will again offer my idea that schools should consider employing retiring or otherwise out-of-work baby boomers with solid backgrounds and experience that no youngster is going to have, and who should be allowed to bypass the educational establishment and unions. They would elevate the profession just by being in it.
You can think of philanthropy as a feedback loop, but feedback is not always corrective, and even so it siphons off resources, all the more if it turns positive. No, I think major fortunes are the result less of fortune than of regettable economic activity, and should be discouraged before they reach the endowment stage.
University presidents on corporate boards seems to me mainly cosmetic, and I think they do learn more being there than vice versa. At least I hope they do. This works the other way, too, but when corporate-types are asked to sit on college boards, it is more a matter of fund-raising.
ShalomFreedman 03/02/2009 10:13 PM Report
This was another informative and interesting conversation. Hennessy touched on a wide range of problems relating to not simply university education but in regards to the education situation as a whole He said he is most worried about what he called K12 education in America. Apparently the high- schools are not doing a good enough job. He recommends restoring the 'status' of the school- teacher, and making it financially worthwhile for top people in science and technology to eschew Industry for the classroom. He speaks about the United States' and Stanford gaining greatly from openness to foreign students. He speaks about the financial losses of the university's endowment through the present crisis. He also speaks about the kind of financial aid it gives paying full tuition for students whose parents earn less than sixty- thousand dollars a year. He focuses on Science and Technology, and says nothing whatsoever about the crisis in Humanities education. He talks about the Energy problem and the need for an overall strategy. In this regard he is coaxed by Charlie Rose to admitting that he sees a place for nuclear power providing about twenty - percent of the U.S. energy needs in the future. He however stresses that much can be done now in the area of saving of energy especially in regard to the design and structure of buildings. He has no great recommendation or saving word on the present global crisis, though clearly his emphasis on Technology and Innovation are where he hopes the turnaround will come from. Effective and efficient Hennessy seems to me much more a 'business type' than the kind of 'university type' I have a perhaps cliched picture of.
One more point. Hennessy speaks about 'going West' from Stanford and seems to concur with the conception that the economic future of the world will be even more in East Asia than in America. In this regard his noting how proficient Chinese students studying in America have shown themselves to be in English seems further evidence of their future predominance.