I do not subscribe to the belief that higher education is merely a disseminator/facilitator of knowledge that has no control over nor responsibility in what people do with that knowledge. I feel if we can teach someone the skills to achieve a Doctorate in Finance
we can also teach them the skills of professional ethics. While I agree that teaching basic moral principles falls largely on the parents shoulders, and to a degree on the K-12 educator and educational environment,
I feel teaching professional ethics should be a requirement in higher education.
This is not to say college students who are taught professional ethics will choose to be more ethical in their profession, but at the very least this approach begins to address the pervasive abuse of power in modern society. I can't count all of the times that I have seen a university imply that they had something to do with the molding of the character of people who are seen by society as positive. Yet, when a person who goes through the same system becomes what society views as a negative, universities distance themselves from that kind of bad press. This is selective accountability, not to mention hypocrisy.
To claim to be simply a facilitator or disseminator of knowledge that has no responsibility in the development of the moral character of the people it helps create is basically as you said, shirking responsibility. Considering the many ways that education at all levels becomes a role model, shirking the responsibility of professional ethics on some other entity is essentially modeling that it's okay to shirk the responsibility of professional ethics. In other words, inaction is just as powerful a teaching tool as taking action.
Even if teaching professional ethics at the university level has no effect on the moral development of people, it will at the very least help prepare college graduates for the lack of professional ethics they will most likely encounter in whatever field they go in to.
I am a strong advocate for higher education, but I'm also realistic and advocate for addressing the problems associated with education. Adhering to an ideal without addressing the reality of the challenges of implementing that ideal is a pathway to self-destruction. There is a difference between the ideal perception of education; the reality of education in modern society; and the challenges created by attempting to blend an ideal with reality.
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Gee wiz, do they make pills for this?