This may sound corny, but the market helps me do good things while I serve society. After high school, he left the family farm and entered Iowa State University. There he received his B.A. in Agricultural Education in 1952 and his M.A. in Agricultural Economics in 1954. In 1961, he earned his Ph.D. in Economics at the University of Chicago. Hoover found serving as a university administrator quite different from being a regular faculty member.
Most faculty members are individual practitioners.
They are responsible for their own thing-their own work. Administrators coordinate everyone. He says the focus of an administrator changes from that of individual to that of the group. I no longer felt that I had to safeguard the budget, as I did as an administrator. Also, Hoover says his ideas on subsidized education have changed as well.