Abstract
The development of higher education in the U.S. has been masked in recent years by a decline in the proportion of the whole provided by private institutions. Some of the less obvious and more speculative reasons for this decline are discussed and suggestions are made as to what kinds of private institution are likely to be more durable. The claim that the virtual disappearance of private colleges would be a calamity is examined. The notion of an Educational Opportunity Bank to provide student loans is discussed in the context of maintaining diversity, quality and freedom of student choice and movement in U.S. higher education.
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This is a revised version of a Convocation Address at Windham College, Vermont, October 19, 1974. The author's work on higher education has been supported by the Ford and Carnegie Foundations.
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Riesman, D. The future of diversity in a time of retrenchment. High Educ 4, 461–482 (1975). https://doi.org/10.1007/BF00154470
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DOI: https://doi.org/10.1007/BF00154470