62 The Journal of College Orientation and Transition

Saving Higher Education in the Age of Money 
By James Engell and Anthony Dangerfield
University of Virginia Press 2005, 277 pages

Reviewed by
Darren Linvill (darrenl@clemson.edu), Lecturer in Communication Studies, Clemson 
University

The practice of corporate sponsorship in academia has become pervasive and can be 
seen on campuses across the country. The names of beverage makers and 
telecommunication giants are finding their way into our nation’s student centers and 
classroom buildings. The motivation for conferring such names is, of course, monetary. 
In a recent issue of Academe, Altbach (2006) reflects:

Today, no limits seem to exist on what can be named. If something does not have a 
name, it is up for grabs—a staircase, a pond, or a parking garage. …Development 
offices no doubt have long lists of campus assets that can be named for various 
sums. (p. 47)

Money is rarely, however, given without strings attached, and many in academia are
increasingly concerned about the impact a growing culture of money is having. Some
question whether higher education is beginning to take its responsibility to raise funding
more seriously than its responsibility to both students and society. President Polisi of The
Juilliard School shares this concern. Referring to his institution’s organ department,
which consists of only nine majors, he states that the institution has a “responsibility to
educate individuals who can knowledgeably carry forward the traditions of this great
instrument. If you develop everything based on the marketplace…you’ll eventually have
a school dedicated to American Idol” (Jepson, 2005, p. D7).

Engell and Dangerfield clearly share the concerns of Altbach, Polisi, and many other



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scholars and professionals. In their book, Saving Higher Education in the Age of Money
(2005), winner of the Association of American Colleges and Universities 2007 Frederic
W. Ness Book Award, Engell and Dangerfield address the causes and effects of this 
culture of money which has invaded American higher education. Engell and
Dangerfield’s argument is that the pursuit of money as an ends rather than a means in
higher education has fundamentally altered campus culture and the pursuit of knowledge
within that culture. Their argument is that these changes have not been positive and that
the situation is in need of mending, a task made more difficult by “the acquiescence of
those who are unsettled in thought, but passive in action” (p. 11).

An important tenet to Engell and Dangerfield’s argument is that fields that are 
growing in terms of faculty salaries and size, enrollment and graduation numbers, alumni
donations, budgets, and even standardized test scores fit one of three standards:

1. the field promises more money in lifetime earnings to its graduates, though the 
promise may be illusory;

2. the field studies money; or
3. it receives significant money from federal grants or private funding. (p. 5)

Engell and Dangerfield assert that any field not meeting one of these three standards has
slipped in perceived importance for decades, and that the rate of this slippage is growing
at an increasing rate.

Engell and Dangerfield maintain that concentrating on economic gain in higher 
education is not only shortsighted, but counterproductive. The authors contend that the
purpose of higher education is to serve three instrumental functions: economic, social,
and civic. These three functions serve two final goals. The first of these regards the 
“ethical application of knowledge and its relationship to human conduct” (p. 24). The
authors’ second goal “is intellectual, the fundamental search to discover and to order
knowledge and ideas” (p. 24). They believe this intellectual goal is the definitive goal 
of education which all other functions serve. When the economic function of higher 
education is emphasized to the exclusion of all else, it seriously harms the definitive goal
of discovering and ordering knowledge. This, they believe, is where concentrating on 
the economic function becomes counterproductive, as it “reduces the huge potential of
economic benefits derived from unforeseen, future applications of new knowledge” 
(p. 24). In short, aiming directly at a target is often not the ideal way to get a bull’s-eye.

Engell and Dangerfield address two particular attitudes related to the culture of 
money in higher education which exacerbate the problems they see. First is the idea that
institutions are in competition with one another, an idea we see perpetuated by rankings
such as those published by U.S. News and World Report. The authors claim that 
measuring complex institutions and people is not the same as judging the winner of a
swimming race. Money is a significant part of this ranking process and a basis of 
judgment in many rankings. The authors contend that this focus crowds out less tangible
attributes.

A second, more important, attitude of the culture which Engell and Dangerfield
describe is the view that money is all important. This creates an important problem:

when money becomes the chief or only goal, when other purposes and goods, such as 



64 The Journal of College Orientation and Transition

discussing values, promoting social justice, enhancing aesthetic appreciation, grasping
historical causes, and simply learning more, or educating citizens to make intelligent 
choices in their self-government, forming personal judgment, and—most intangible, 
but still fundamental—becoming a better person, when these are squeezed or squeezed
out because attention to them hampers the accumulation of money, then money has 
triumphed as the single end. (p. 11)

This tirade illustrates the point that many intangibles are lost when money becomes all
important. By its nature, money is easy to quantify and an easy benchmark for success 
or failure, but to give it preeminence is dangerous not only to the culture of higher 
education, but ultimately to our way of life.

Engell and Dangerfield make two specific calls to action in an effort to battle the 
current trends. First, they believe universities should try to inspire among their members
real loyalty to the institution and its mission. Universities must have a genuine, visible
interest in scholarship and learning which is expressed to the students at every 
opportunity if they hope to reach them and make them believers in education beyond
simply how much money their degree will make for them. These students will be loyal 
to the institution and its ideals in the future. It is also these students which will enjoy 
the less tangible benefits of higher education. It should be a goal of all academic 
professionals to work toward fostering this love of learning, as it is in the best interests 
of both the students and the institution.

Second, Engell and Dangerfield claim that students should be taught the history and
background of American higher education. The authors state that students have the
impression that anything that happens on a university campus that is not related to career
advancement is pure ritual or ceremony. The activities and purposes behind a college or
university’s actions must be made relevant to students and their daily lives. Engell and
Dangerfield make the point that “American universities are, indeed, among the best in
the world. But not to know why—and the reasons are historical—endangers that 
superiority” (p. 225). They do admit that cultivating this awareness is made difficult by a
popular culture which is thriving with anti-intellectual attitudes that hinder reflection and
create a divide between students and their institution. It is our place, according to the
authors, to bridge this divide.

Engell and Dangerfield discuss practical methods to bridge the gap between 
institutions and their students. Faculty should be rewarded for teaching in the same 
way that they are rewarded for research and publication. Students can be brought into 
the research process earlier and more directly, and faculty should be rewarded for
encouraging them to do so. Finally, teaching and testing methods that best facilitate 
student learning should be utilized—methods beyond the 300-person lecture hall and
cramming for multiple choice tests. Even these methods will take money, however, and
the two admit that money is in many ways integral to academia and that there has never
been an age when the two were independent of one another.

While education professionals at every level can advocate for the types of change 
suggested by Engell and Dangerfield, those working in first-year and transition programs
are in a unique position to reach undergraduates. Students need to be made aware of the



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concrete benefits of the liberal arts and sciences early in their college education and prior
to choosing a field of study. The American workplace is evolving faster than ever.
According to a recent report released by the Association of American Colleges and
Universities, “careers themselves have become volatile…employers are calling with new
urgency for graduates who are broadly prepared and who also possess the analytical and
practical skills that are essential both for innovation and for organizational effectiveness”
(College Learning for the New Global Century, 2007, p. 15-16). The liberal arts and 
sciences afford this broad preparation, teaching students to think and reason critically.
Education professionals in first-year and transition programs can and should help 
students to understand the tangible benefits these skills can provide.

References

Altbach, P. G. (2006). What’s in a name? For a million bucks or so, you can name that 
school. Academe, 92(1), 46-47.

National Leadership Council for Liberal Education and America’s Promise (2007). 
College learning for the new global century. Washington, DC: Association of 
American Colleges and Universities. Retrieved March 2, 2007, from 
http://www.aacu.org/advocacy/leap/documents/GlobalCentury_final.pdf

Jepson, B. (2005, April 21). He’s peddling the organ to a new generation. The Wall 
Street Journal, p. D7.