{"product_id":"wealth-cost-and-price-in-american-higher-education-9781421445007","title":"Wealth Cost and Price in American Higher","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eColleges and universities are richer than everso why has the price of attending them risen so much?As endowments and fundraising campaigns have skyrocketed in recent decades, critics have attacked higher education for steeply increasing its production cost and price and the snowballing debt of students. In Wealth, Cost, and Price in American Higher Education, Bruce A. Kimball and Sarah M. Iler reveal how these trends began 150 years ago and why they have intensified in recent decades.   In the late nineteenth century, American colleges and universities began fiercely competing to expand their revenue, wealth, and production cost in order to increase their quality and prestige and serve the soaring number of students. From that era through today, the rising wealth and cost of higher education have continued to reinforce each other and spiral upward, increasing the heavily subsidized price paid by students. Kimball and Iler explain the strategy and reasoning that drove this wealth-cost d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eKimball and Iler's richly researched, provocative and pivotally important history of college endowments, campus fundraising campaigns, university finances, institutional spending and student debt.\u003cbr\u003e—Steve Mintz, \u003ci\u003eInside Higher Ed\u003c\/i\u003e\u003cbr\u003e[Bruce A.] Kimball and Sarah M. Iler explore the historical roots of wealth stratification, lay out the advantages that allow rich universities to get exponentially richer, and propose ways to close the gap with less-wealthy institutions.\u003cbr\u003e—Mike Scutari, \u003ci\u003eInside Philanthropy\u003c\/i\u003e\u003cbr\u003e\u003ci\u003eWealth, Cost \u0026amp; Price in American Higher Education: A Brief History\u003c\/i\u003e, is indispensable and essential for anyone considering the wealthy university's present and future.\u003cbr\u003e—Joshua Kim, \u003ci\u003eInsider Higher Ed\u003c\/i\u003e\u003cbr\u003eThis is a timely, well researched monograph....we applaud Kimball and Iler for writing this fascinating backstory to the crisis we now face.\u003cbr\u003e—Christopher P. Loss \u0026amp; William Krause, \u003ci\u003eReview of Higher Education\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003ePreface\u003cbr\u003eAcronyms and Abbreviations\u003cbr\u003eList of Illustrations\u003cbr\u003eList of Tables\u003cbr\u003eIntroduction\u003cbr\u003e\u003cb\u003ePart I.: The Formative Era, 1870-1930\u003c\/b\u003e\u003cbr\u003e1. \"Endowment\" Emerges, 1870-1930\u003cbr\u003e2. Free-Money Strategy, 1869-1909\u003cbr\u003e3. Birth of the Annual Alumni Fund, 1890-1925\u003cbr\u003e4. Fundraising Drives Begin, 1915-1925\u003cbr\u003e5. Campaigns Proliferate; Presidents Resist, 1920s\u003cbr\u003e6. Did Cost Escalate in the Formative Era?\u003cbr\u003e\u003cb\u003ePart II: The Golden Ages, 1930-2020s\u003c\/b\u003e\u003cbr\u003e7. Depression, the 60\/40 Rule, and Cost-Disease Theory, 1930s-1960s\u003cbr\u003e8. Stagflation, Total Return, and Revenue-Cost Theory, 1965-1980\u003cbr\u003e9. Wealth, Cost, and Price Ignite Resentment, 1980-2008\u003cbr\u003e10. What is the Real \"Cost Disease?\" 1980s-2020s\u003cbr\u003e11. Steady Price, Rising Debt, Widening Wealth Gap, 2009-2020s\u003cbr\u003eConclusion: Plato's Descent, Perseveration, and History\u003cbr\u003eAppendices\u003cbr\u003eIndex\u003cbr\u003eNotes\u003c\/p\u003e","brand":"Johns Hopkins University Press","offers":[{"title":"Default Title","offer_id":49408147554647,"sku":"9781421445007","price":37.35,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781421445007.jpg?v=1730501762","url":"https:\/\/bookcurl.com\/products\/wealth-cost-and-price-in-american-higher-education-9781421445007","provider":"Book Curl","version":"1.0","type":"link"}