Tuition Rising: Why College Costs So Much, With a new preface / Edition 1

Tuition Rising: Why College Costs So Much, With a new preface / Edition 1

by Ronald G. Ehrenberg
     
 

ISBN-10: 0674009886

ISBN-13: 9780674009882

Pub. Date: 10/30/2002

Publisher: Harvard

America's colleges and universities are the best in the world. They are also the most expensive. Tuition has risen faster than the rate of inflation for the past thirty years. There is no indication that this trend will abate.

Ronald G. Ehrenberg explores the causes of this tuition inflation, drawing on his many years as a teacher and researcher of the economics

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Overview

America's colleges and universities are the best in the world. They are also the most expensive. Tuition has risen faster than the rate of inflation for the past thirty years. There is no indication that this trend will abate.

Ronald G. Ehrenberg explores the causes of this tuition inflation, drawing on his many years as a teacher and researcher of the economics of higher education and as a senior administrator at Cornell University. Using incidents and examples from his own experience, he discusses a wide range of topics including endowment policies, admissions and financial aid policies, the funding of research, tenure and the end of mandatory retirement, information technology, libraries and distance learning, student housing, and intercollegiate athletics.

He shows that colleges and universities, having multiple, relatively independent constituencies, suffer from ineffective central control of their costs. And in a fascinating analysis of their response to the ratings published by magazines such as U.S. News & World Report, he shows how they engage in a dysfunctional competition for students.

In the short run, colleges and universities have little need to worry about rising tuitions, since the number of qualified students applying for entrance is rising even faster. But in the long run, it is not at all clear that the increases can be sustained. Ehrenberg concludes by proposing a set of policies to slow the institutions' rising tuitions without damaging their quality.

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Product Details

ISBN-13:
9780674009882
Publisher:
Harvard
Publication date:
10/30/2002
Edition description:
New Edition
Pages:
336
Sales rank:
1,004,816
Product dimensions:
6.12(w) x 9.25(h) x (d)

Table of Contents

Preface

I. Setting the Stage

1. Why Do Costs Keep Rising at Selective Private Colleges and Universities?

2. Who Is in Charge of the University?

II. Wealth and the Quest for Prestige

3. Endowment Policies, Development Policies, and the Color of Money

4. Undergraduate and Graduate Program Rankings

5. Admissions and Financial Aid Policies

III. The Primacy of Science Over Economics

6. Why Relative Prices Don't Matter

7. Staying on the Cutting Edge in Science

IV. The Faculty

8. Salaries

9. Tenure and the End of Mandatory Retirement

V. Space

10. Deferred Maintenance, Space Planning, and Imperfect Information

11. The Costs of Space

VI. Academic and Administrative Issues

12. Internal Transfer Prices

13. Enrollment Management

14. Information Technology, Libraries, and Distance Learning

VII. The Nonacademic Infrastructure

15. Parking and Transportation

16. Cooling Systems

VIII. Student Life

17. Intercollegiate Athletics and Gender Equity

18. Dining and Housing

IX. Conclusion

19. Looking to the Future

20. A Final Thought

Appendix. Defined Benefit and Defined Contribution Retirement Plans

Notes

Acknowledgments

Index

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