Jeff Miron, another Bernie-Saffran-influenced economist, is teaching a course on libertarianism at Harvard. The lecture notes are available in pdf format. One of the papers on the reading list for the course, is an article by Miron questioning the case for public support for universities.
the bulk of the benefit, in the form of income from specialized skills, is likely to be captured privately. It’s true that liberal arts training is less directed at preparation for a specific occupation, but the spillovers from studying Shakespeare are less compelling than the spillovers from learning to count or read ballot