Description
Book SynopsisTrade Review"Charles Clotfelter, an economist and former vice provost and vice chancellor at Duke University, examines the explanations for the rapid growth in spending in the nation's leading private research universities since 1976-77 ... Buying the Best is a thought-provoking and compelling analysis, with implications well beyond its focus on higher education."--Contemporary Sociology
Table of ContentsList of FiguresList of TablesForewordPrefaceList of AbbreviationsCh. 1The Problem of Rising Costs1Ch. 2A Peculiar Institution20Appendix 2.1 A Simple Financial Model of a University51Appendix 2.2 Decomposing Rates of Growth in Expenditures57Ch. 3Boom Times for Selective Institutions58Appendix 3.1 Supplementary Tables for Chapter 377Ch. 4Patterns and Trends in Expenditures82Appendix 4.1 Dealing with Interdepartmental Transfers and Recharges117Appendix 4.2 Categories Used to Create Expenditure Tables121Appendix 4.3 Trends in Duke Expenditures from 1976/77 to 1983/84135Ch. 5The Sources of Rising Expenditures139Appendix 5.1 Supplementary Tables for Chapter 5159Ch. 6Administrative Functions162Ch. 7The Allocation of Faculty Effort179Appendix 7.1 Options for Providing Classroom Instruction205Appendix 7.2 Calculation of Classroom Teaching Loads and Course Characteristics206Appendix 7.3 Data on Committee Membership216Ch. 8Classes and Course Offerings218Appendix 8.1 Supplementary Tables for Chapter 8240Ch. 9Ambition Meets Opportunity247Notes to the Chapters265Bibliography285Index293
