Author: John Raymond WittstruckPublisher:
ISBN:
Category : College costs
Languages : en
Pages : 124
Book Description
Focus on Price Trends in Public Higher Education
Author: John Raymond WittstruckPublisher:
ISBN:
Category : College costs
Languages : en
Pages : 124
Book Description
Resources in Education
Author: State and Market in Higher Education Reforms
Author: Hans G. SchuetzePublisher: Springer Science & Business Media
ISBN: 946091800X
Category : Education
Languages : en
Pages : 220
Book Description
Universities have never been static. Even so, it is fair to say they have experienced a most radical transformation in the past twenty years. During this period, the role and responsibility of the state generally have been broadly limited while allowing ‘market forces’--private ownership and control--more influence. But even where the state is still the main provider or funder, it relies increasingly on ‘market mechanisms’, for example contractual relations between state and institutions, competition among providers for resources, and external assessment of ‘outputs’ which means the results or impact of what universities do, in particular teaching and research. The new terminology speaks of price and competition, inputs and outputs, resources, cost and benefits, demand and supply, provider and customer, consumers and investors, quality control and accountability. Education, and post-secondary education especially are increasingly seen as matters for markets. Formal post-secondary education becomes a service, commercialized and traded across national borders. This volume on changing relationship between state and market, contains, besides an introductory analytic overview of the issues, accounts from different countries, regions, and thematic perspectives. Chapter authors describe and analyze government reforms and other developments that have directly or indirectly affected this relationship. Although the geographical focus is on North America, especially Mexico, South East Asia and Europe, the phenomenon is not limited to these regions and countries but worldwide.
Why Does College Cost So Much?
Author: Robert B. ArchibaldPublisher: Oxford University Press
ISBN: 0190214104
Category : Business & Economics
Languages : en
Pages : 302
Book Description
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.
The Economics of Higher Education in the United States
Author: Thomas AdamPublisher: Texas A&M University Press
ISBN: 1623497442
Category : Education
Languages : en
Pages : 234
Book Description
In The Economics of Higher Education in the United States, editors Thomas Adam and A. Burcu Bayram have assembled five essays, adapted from the fifty-second annual Walter Prescott Webb Memorial Lecture Series, that focus on the increasing cost of college—a topic that causes great anxiety among students, parents, faculty, administrators, legislators, and taxpayers. Essays focus on the funding of colleges, the funding of professional schools, and the provision of scholarships and student loans for undergraduate students to reveal the impact of money on the structure of institutions of higher education and the organization of colleges. The cost of higher education has risen dramatically as both states and the federal government have significantly lowered their contributions to offset that cost. With rising tuition and cost of living—on top of a growing student population—too many graduates find themselves in financial trouble after earning their undergraduate degree. Mounting student debt prevents an increasing number of young professionals from embarking on the very life for which their education was supposed to prepare them. How have we come from a political environment in which higher education was perceived as a public good, normally free to the user, to an environment in which higher education is seen as a privilege subject primarily to market forces? The Economics of Higher Education in the United States offers a desperately needed analysis in an attempt to understand and tackle this looming problem.
The States and Public Higher Education Policy
Author: Donald E. HellerPublisher: JHU Press
ISBN: 142140477X
Category : Education
Languages : en
Pages : 284
Book Description
Affordability, access, and accountability have long been among the central challenges facing higher education—and they remain so today. Here, Donald E. Heller and other higher education scholars and practitioners explore the current debates surrounding these key issues. As students and their families struggle to meet rising tuition prices, and as state funding for higher education dwindles, policymakers confront issues of affordability within state and institutional budgets. Changing demographics and challenges to affirmative action complicate the admissions process even as colleges and universities seek to diversify enrollments. And issues of institutional accountability have forced the restructuring of higher education governing boards and a reexamination of the role of public trustees in governance. This collection analyzes how issues of affordability, access, and accountability influence the way in which state governments approach, monitor, and set public higher education policy. The contributors examine the latest research on pressing challenges, explore how states are coping with these challenges, and consider what the future holds for public postsecondary education in the United States.
College Choice, Private Options, and The Incidence of Public Investment in Higher Education
Author: John BoundPublisher:
ISBN:
Category : College choice
Languages : en
Pages :
Book Description
Previous measures of the incidence of public investment in higher education focus on the transfer to public college students. This implies that the net benefits to students who do not attend public colleges is negative. However, they miss potential general equilibrium effects on the private college and labor markets. Changes in the public college market affect who private colleges admit, what prices they charge, and the number of students who enroll in any college. We show that capturing these spillovers is important for characterizing incidence using a model of higher education that we validate with quasi-experimental variation in state spending. Unlike previous measures, we find that high-income-modest-ability students especially benefit since they are only admitted to high-quality private colleges when state spending is high, and the public colleges create sufficient competitive pressure. Decreased investment also reduces educational attainment, raising the college wage premium. This exacerbates private college market power.
Higher Education Prices and Price Indexes
Author: D. Kent HalsteadPublisher:
ISBN:
Category : Education, Higher
Languages : en
Pages : 136
Book Description
A Must-Have for Pennsylvania Part Two
Author: Stephen HerzenbergPublisher:
ISBN:
Category :
Languages : en
Pages : 22
Book Description
Pennsylvania's deep cuts in funding to K-12 education since 2010-11 have drawn a great deal of attention in recent months. Less widely recognized is the fact that Pennsylvania enacted even deeper cuts, on a percentage basis, to funding for public higher education in the same period. Four-year colleges received the largest reductions in funding, including an 18% cut to state support for the Pennsylvania's most affordable four-year options, the 14 state-owned Pennsylvania State System of Higher Education (PASSHE) universities. Even before these cuts, Pennsylvania ranked low among states in funding for higher education and in the affordability of public higher education. Given the importance of higher education to economic growth and to opportunity for individuals, underinvesting in higher education represents a clear case of shooting ourselves in the foot. Short-sighted decisions to manage the state's recovery through cuts alone, rather than raise the revenue needed to invest adequately in higher education, sacrificed the longtime well-being of the Commonwealth and its citizens. These cuts have also held back the state's economic recovery, especially in more rural areas that are home to the state-owned schools. This report summarizes key insights from the economic research literature on the importance of higher education. It then presents basic information on Pennsylvania's investment in higher education. The authors focus especially on the 14 public community colleges and 14 state-owned universities that are the most affordable and accessible to middle- and low-income Pennsylvania families. State support for those institutions is included in the main national databases that compare public higher education funding and tuition, across the 50 states.
Buying the Best
Author: Charles T. ClotfelterPublisher: Princeton University Press
ISBN: 1400864275
Category : Education
Languages : en
Pages : 331
Book Description
Since the early 1980s, the rapidly increasing cost of college, together with what many see as inadequate attention to teaching, has elicited a barrage of protest. Buying the Best looks at the realities behind these criticisms--at the economic factors that are in fact driving the institutions that have been described as machines without brakes. In designing his study, Charles Clotfelter examines the escalation in spending in the arts and sciences at four elite institutions: Harvard, Duke, Chicago, and Carleton. He argues that the rise in costs has less to do with increasing faculty salaries or lowered productivity than with a broad-based effort to improve quality, provide new services to students, pay for large investments in new facilities and equipment (including computers), and ensure access for low-income students through increasingly expensive financial aid. In Clotfelter's view, spiraling costs arise from the institutions' lofty ambitions and are made possible by steadily intensifying demand for places in the country's elite colleges and universities. Only if this demand slackens will universities be pressured to make cuts or pursue efficiencies. Buying the Best is the first study to make use of the internal historical records of specific institutions, as opposed to the frequently unreliable aggregate records made available by the federal government for the use of survey researchers. As such, it has the virtue of allowing Clotfelter to draw much more realistic comparative conclusions than have hitherto been reported. While acknowledging the obvious drawbacks of a small sample, Clotfelter notes that the institutions studied are significant for the disproportionate influence they, and comparable elite institutions, exercise upon research and upon the training of future leaders. The book contains a foreword by William G. Bowen, President of the Mellon Foundation, and Harold T. Shapiro, President of Princeton University. "Concern about ever-rising costs runs like a thread through the myriad critiques of higher education that have been published in recent years. . . . One of the great contributions of Clotfelter's work is to dismiss easy explanations for the problems that worry us. With some of the scales removed from their eyes, both those with responsibility for the future of higher education and observers who continue to expect an ever-wider scope of effort from particular colleges and universities, can now adjust their focus. Armed with this original and extremely useful analysis, we can confront more directly (and with less romanticism) the real choices before us as we seek to employ limited resources most effectively in the service of teaching and research."-William G. Bowen, President, Mellon Foundation, Harold T. Shapiro, President, Princeton University, from the foreword Originally published in 1996. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.