Richard Vedder | Restoring the Promise: Higher Education in America

Richard K. Vedder is Senior Fellow at the Independent Institute and Distinguished Emeritus Professor of Economics at Ohio University. He has been Senior Economist at the U.S. Joint Economic Committee and Visiting Fellow at the Center for the Study of American Business, Washington University. He is the author of Going Broke by Degree: Why College Costs Too Much. His articles have appeared in numerous scholarly journals, the Wall Street Journal, Christian Science Monitor, National Review, Washington Times, and Investor's Business Daily.

Beginning in 2010, and coinciding with the opening of Hillsdale College’s Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship on Capitol Hill, the College has hosted an annual Constitution Day Celebration in Washington, D.C. to commemorate the signing of the U.S. Constitution on September 17, 1787.

The program—which features speeches, debates, and roundtable discussions—explores the continuing relevance of the Founders’ Constitution for American politics today.

Hillsdale College is an independent institution of higher learning founded in 1844 by men and women “grateful to God for the inestimable blessings” resulting from civil and religious liberty and “believing that the diffusion of learning is essential to the perpetuity of these blessings.” It pursues the stated object of the founders: “to furnish all persons who wish, irrespective of nation, color, or sex, a literary, scientific, [and] theological education” outstanding among American colleges “and to combine with this such moral and social instruction as will best develop the minds and improve the hearts of its pupils.” As a nonsectarian Christian institution, Hillsdale College maintains “by precept and example” the immemorial teachings and practices of the Christian faith.

The College also considers itself a trustee of our Western philosophical and theological inheritance tracing to Athens and Jerusalem, a heritage finding its clearest expression in the American experiment of self-government under law.

By training the young in the liberal arts, Hillsdale College prepares students to become leaders worthy of that legacy. By encouraging the scholarship of its faculty, it contributes to the preservation of that legacy for future generations. By publicly defending that legacy, it enlists the aid of other friends of free civilization and thus secures the conditions of its own survival and independence.

America