Description
Book SynopsisWhat role have governing boards played in tuition and fee escalation at four-year public colleges and universities?In the United States, college costs, especially tuition and fees, have increased much more rapidly than either the overall Consumer Price Index or median household income. This cost inflation has effectively closed the doors of higher education to many qualified students and contributed to a staggering $1.5 trillion in student debt. Additionally, the number of college enrollments in the United States actually declined for eight straight years between 2011 and 2019, as college student bodies became increasingly stratified on the basis of family incomes. Virtually every public college cost increase, however, requires a positive vote from each university's governing boardand the record shows that these votes are nearly always unanimous. In Runaway College Costs, James V. Koch and Richard J. Cebula argue that many trustees have forgotten that they should act as fiduciaries who
Trade Review[
Runaway College Costs] provides the best overview of higher-ed governance issues I have seen anywhere.
—James A. Bacon,
Bacon's RebellionTable of ContentsPreface
Acknowledgments
Chapter 1. Their Answer Is Always Yes: Higher Education Cost Inflation and Governing Boards
Chapter 2. Governing Boards and Economic Mobility
Chapter 3. Who's in Charge and Does It Make Any Difference?
Chapter 4. Tuition and Fees, Governing Boards, and State Financial Support
Chapter 5. We Can Do Better I: Governing Boards, Legislatures, and Governors
Chapter 6. We Can Do Better II: Looking Inside Our Public Colleges and Universities
Chapter 7. A Proposed Action Agenda for Governing Boards
Notes
Index
