In three minutes, U of Minnesota professor Eva von Dassow lays out to her own regents why budget cuts that target the liberal arts especially are economically dishonest and intellectually indefensible:



From the article at Inside Higher Ed:

Specifically, she said that "those programs engaged in the production of knowledge that is readily turned into the money are the targets of investment while the rest are to be downsized into an efficient credit and degree factory." She cited liberal arts programs losing faculty slots while there is money for new biomedical research professors (taking care to say that biomedical research is indeed valuable and that she was questioning only the idea that other programs aren't worthy based on their lack of financial payoff).

See also Historiann on excellence without money.