The College Cost Disease

The College Cost Disease
Author: Robert E. Martin
Publisher: Edward Elgar Publishing
Total Pages: 209
Release: 2011-01-01
Genre: Study Aids
ISBN: 1849806179

College cost per student has been on the rise at a pace that matches - or exceeds - healthcare costs. Unlike healthcare, though, teaching quality has declined, and rapidly rising costs and declining quality are not trends easily forgiven by society. The College Cost Disease addresses these problems, providing a behavioral framework for the chronic cost/quality consequences with which higher education is fraught. Providing many compelling insights into the issues plaguing higher education, Robert Martin expounds upon H. R. Bowen's revenue theory of cost by detailing experience good theory, the principal/agent problem, and non-profit status. Reputation competition dominates higher education. Students and their parents, and public opinion in general, associate higher tuition with higher quality and greater accolades; price is used as a proxy for quality only when consumers are uncertain about quality prior to purchase. Higher education services are the most complex types of ?experience goods'; a service whose quality can only be determined after a purchase has been made. Applying formal economic theory to higher education, Robert Martin examines how and why attempts to control costs are controversial and the damaging effects these controversies have on institutions' reputations. Arguing that the college access problem cannot be solved until colleges and universities find a way to control their costs, this book brings to the fore the leading ideas that will bring about much-needed budgetary reform in higher education.

The Rising Costs of Higher Education

The Rising Costs of Higher Education
Author: John R. Thelin
Publisher: Bloomsbury Publishing USA
Total Pages: 327
Release: 2013-03-21
Genre: Education
ISBN:

Providing a clear, logical guide to an illogical topic, this book provides an easy-to-understand guide for anyone who wants to successfully navigate the labyrinth of going to college—and paying for the experience. 100 years ago, college tuition at prestigious Ivy League colleges such as Harvard and Brown was about $130 per year. Even when adjusted for inflation, today's cost of higher education has increased dramatically—to the point where a college education is shifting further out of reach for many Americans. This book explains the essential concepts in the debate regarding the staggering costs of higher education, supplying ten original essays by higher education policy experts, a lively historical narrative that provides context to current issues, and systematic guides to finding additional sources of information on the subject. Written from a historian's point of view, The Rising Costs of Higher Education: A Reference Handbook explains the economics of higher education in a manner that encourages readers to participate in the discussion on how to control ever-increasing tuition costs. Both college-bound students and parents will come to appreciate how complicated the problem of paying for college is, and grasp the crucial differences between "cost" and "price" in the specific economics of colleges and universities.

Why Does College Cost So Much?

Why Does College Cost So Much?
Author: Robert B. Archibald
Publisher: Oxford University Press
Total Pages: 302
Release: 2011
Genre: Business & Economics
ISBN: 0190214104

College tuition has risen more rapidly than the overall inflation rate for much of the past century. To explain rising college cost, the authors place the higher education industry firmly within the larger economic history of the United States.

Universities as Complex Enterprises

Universities as Complex Enterprises
Author: William B. Rouse
Publisher: John Wiley & Sons
Total Pages: 251
Release: 2016-06-06
Genre: Technology & Engineering
ISBN: 1119245885

Explores the nature of academic enterprises, including why they work the way they do and where such enterprises are headed, with the goal of gaining insights into where change can and will happen This book looks at universities from a whole-enterprise perspective. It explores the steady escalation of the costs of higher education and uses a computational economic model of complex academic enterprises. This model includes component models of research, teaching, administration, and brand value. Understanding the relationships among practices, processes, structure, and ecosystem provides the basis for transforming academia, leveraging its strengths and overcoming its limitations. More specifically, this architecture helps the reader understand how various elements of the enterprise system either enable or hinder other elements of the system, all of which are embedded in a complex behavioral and social ecosystem. Each topic is explored in terms of the levels of the architecture at which it primarily functions. Levers of change within each area are discussed, using many experiences of pursuing such issues in a range of academic enterprises. • Provides a new methodology by taking a more systems-oriented approach to education systems as a whole • Shows how various elements of the enterprise system either enable or hinder other elements of the system • Offers alternative strategies for transformation of academic enterprises Universities as Complex Enterprises: How Academia Works, Why It Works These Ways, and Where the University Enterprise Is Headed is a reference for systems scientists and engineers, economists, social scientists, and decision makers. William B. Rouse is the Alexander Crombie Humphreys Chair within the School of Systems & Enterprises and Director of the Center for Complex Systems and Enterprises at Stevens Institute of Technology, Hoboken, New Jersey. He is also Professor Emeritus, and former Chair, of the School of Industrial and Systems Engineering at the Georgia Institute of Technology, Atlanta, Georgia. Rouse has written hundreds of articles and book chapters, and has authored many books, including most recently Modeling and Visualization of Complex Systems and Enterprises (Wiley, 2015).

Economics of Education

Economics of Education
Author: George Psacharopoulos
Publisher: Elsevier
Total Pages: 499
Release: 2014-05-17
Genre: Business & Economics
ISBN: 1483145255

Economics of Education: Research and Studies reviews key topics in the field of economics of education since 1960s. This book is organized into 12 parts. Part I and Part II focus on the supply side of human capital and narrower aspects of human capital creation by means of education. Subsequent parts look at the benefits of education; relationship between education and employment; controversies in the field of economics of education; issues of manpower planning; and methodology for empirically analyzing the issues in the economics of education. The last two parts address the costs of education, with emphasis on cost function, analysis and on the financing of education.

State Postsecondary Education Research

State Postsecondary Education Research
Author: Donald E. Heller
Publisher: Taylor & Francis
Total Pages: 128
Release: 2023-07-03
Genre: Education
ISBN: 1000981045

This is an opportune time for researchers in higher education to examine policy via cross-state comparative analyses. Momentous court, legislative and policy developments that impact state-level higher education policy are emerging at a rapid rate. The states have emerged as postsecondary policy innovators in the areas of student financing, institutional accountability, and student access.Following political scientists’ "rediscovery" of states as units of analysis--because they constitute unique "natural laboratories" for testing theory and hypotheses about political behavior and policy adoption dynamics--this book introduces this perspective as an increasingly important tool for researchers in higher education.State Postsecondary Education Research provides an in-depth examination of the challenges and opportunities inherent in conducting cross-state higher education policy research. The authors of each chapter use their individual research projects to demonstrate the array of methodological, theoretical, analytical, and political challenges inherent in conducting comparative state-level policy research. Among the innovative methods described is the use of pooled cross-sectional time-series analytic techniques and event history analysis--now widespread within the disciplines of economics and political science--to shift the unit of analysis from the state to the state-year, thus expanding greatly both the statistical power of the models being tested and the data-demands of those models.The goal is to introduce comparative state-level postsecondary policy research to a broader audience, and to contribute to discussions of both the challenges and the importance of this approach to higher education policy research.The book is intended as a resource for researchers in higher education policy and as a text for higher education policy courses. It may also appeal to scholars of educational policy as well as higher education policymakers.

Restoring the Promise

Restoring the Promise
Author: Richard K. Vedder
Publisher: Independent Institute
Total Pages: 335
Release: 2019-05-01
Genre: Education
ISBN: 1598133306

American higher education is increasingly in trouble. Universities are facing an uncertain and unsettling future with free speech suppression, out-of-control Federal student aid programs, soaring administrative costs, and intercollegiate athletics mired in corruption. Restoring the Promise explores these issues and exposes the federal government's role in contributing to them. With up-to-date discussions of the most recent developments on university campuses, this book is the most comprehensive assessment of universities in recent years.