The
beautiful thing about free exchange is that both parties are better
off following the transaction. Value is subjective, but all that
really matters is the opinion of those doing the exchanging. When I
buy a TV, I clearly prefer it to the money I forked over, and
the seller prefers to have the money. So what is the customer's
obligation, and what is the merchant's? The customer must pay the
merchant. End of story. The merchant, however, must provide a product
that meets the customer's expectations. If he doesn't, he loses
business.
This
is certainly not a new idea by any stretch, but it is a foreign
concept to the entire college scene. The college student is the
customer and the teacher is the merchant. Therefore, once the teacher
gets paid, the student has no further obligation in the transaction.
The teacher, on the other hand, is now obligated to provide the
product for which the student has paid.
Having
been and around college my whole life - as a child of a professor,
student, and now adjunct faculty myself - I have observed a role
reversal. Students are constantly made to feel as though they owe
something to the professor. When a paper hasn't been completed on
time, or even when a student doesn't do as well on a test as he
'should' have, the student issues apologies, feeling guilty for not
having 'pleased' the professor. Professors do look better when
students learn and do well, but it is not the student's
responsibility to make this happen!
What
would college look like if students and teachers were forced to deal
with economic reality?
According
to the College Board, the average cost of tuition and fees for the
2013-2014 school year was $30,094 at private colleges, $8,893 for
state residents at public colleges, and $22,203 for out-of-state
residents attending public universities. [1] If we use the example of
$20,000 tuition ($10,000/semester) and an average of 16 credits per
semester, that comes to $625 per credit. Assuming 40 hours of class
time per semester for a 3-credit course, that comes to $46.88 per
hour of class. Imagine how different things would be if, after
signing a contract for a semester of classes, the students handed the
professor $47 cash every time he walked into class.
Given
a 13-week semester and 16 credits, that's about $770/week - Ouch!
Students would be a lot more concerned about getting good value:
1.
The onus to work hard would be on the students - they'd be much more
diligent.
2.
Students would not re-up unless the product continued to pay
dividends for them.
3.
The professor would know his livelihood depended on producing every
semester.
4.
Students wouldn't be apologizing to professors for not showing
up/doing work.
5.
The idea that students are wasting professors' time would be flushed
down the toilet (you've been paid, handsomely!).
Some
people may not view all of these consequences as positive, but I can
guarantee there would be much more learning, and much less time and
money wasted. In the short run, that would hurt colleges and
professors, perhaps tremendously, but in the long run, productive
activity is good for everyone. After all, creating a product is about
serving the customer, not the merchant.
1.
http://www.collegedata.com/cs/content/content_payarticle_tmpl.jhtml?articleId=10064