Tenure: How the university became a bureaucracy and how to fix it
In “The Economic Upside to Ending Tenure” (Chronicle of Higher Education, June 19, 2011), Naomi Schaefer Riley goes beyond the usual complaints about tenured lecture room mediocrities to say,
Tenure means not having to worry about having to find new employment in middle age, and that means a lot to professors. As the George Mason University economist Tyler Cowen explains, “In a lot of academia, once you’re over 50 it’s hard to get another job, even if you’ve done well.” He compares it to being a computer programmer, where age seems to be a disadvantage no matter how talented you are. Taking an academic job without the promise of tenure is what Cowen calls “a massive risk.” So there would have to be a lot of money on the front end to make up for it.
In the long term, though, the costs might even out. Read More ›