To increase the science, technology, engineering, and mathematics (STEM) workforce, U.S. education policy has emphasized the pathways from education to STEM careers. While some scholars argue that employers prioritize the degree, and not institutional affiliation, in hiring graduates, the argument needs to be warranted with more recent data…

Adam Smith's discussion of the payment modes of teachers and resulting consequences for the quality of teaching and process of curricular innovation are reviewed through the conceptual lens of modern agency theory. Smith's analysis of higher education in his day (eighteenth century) sheds light on faculty incentive and assessment problems that…