Corporate executives want students drilled for business needs, but refuse to pay taxes needed to support education. And they want students to shoulder the burden of tuition although they, and society as a whole, benefit from an educated workforce.
In his recent New York Times op-ed piece, Princeton professor and regular columnist for The New York Times, Paul Krugman observed:
The American economy is still, by most measures, deeply depressed. But corporate profits are at record high. It’s simple: profits have surged as a share of national income, while wages and other labor compensation are down. The pie isn’t growing the way it should — but capital is doing fine by grabbing an ever-larger slice, at labor’s expense.