Money for Nothing: Why We’re Spending More and Getting Less in American Education

02/26/2025 Timothy D. Terrell

Dr. Tim Terrell explores how rising government subsidies in higher education have fueled tuition inflation, administrative bloat, and declining academic standards, leaving students burdened with debt and questionable returns on their investment.

Recorded in Tampa, Florida, on February 22, 2025.

Here is the handout that Dr. Terrell references in his talk: https://bit.ly/MisesCircle25Terrell

Special thanks to Liberty Villages and the Shrader family and Greg Roe for sponsoring this event.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.