Description
Trade Review[The authors] really know what they're talking about. * Stanley Fish, The New York Times *
A book that should be read by anyone with even a passing interest in the answer * Brian Rosenberg, president of Macalaster College, writing in The Huffington Post *
Robert Archibald and David Feldman tackle the dominant question facing higher education leaders, state and federal policy makers, families and students, and provide striking and surprising evidence and conclusions on the much-debated question that is the title of their book. In the process of proposing a radically new way of financing college and university education, they present an elegant history of how we got here, the financial problems we currently face, and a possible way out of these dilemmas. This eminently readable book warrants the thoughtful attention of all who care (and worry) about the future of higher education. * David W. Breneman, University Professor and Newton and Rita Meyers Professor in Economics of Education, University of Virginia *
Robert Archibald and David Feldman write calmly and rationally about an issue that too frequently generates sensationalist headlines, as well as poorly reasoned and counterproductive proposals. Whether or not you agree with the details of their ideas for reforming the way we finance higher education, you will learn from their analysis, question your pre-conceived notions, and think more clearly about how our nation can best assure that a quality higher education is affordable for all who are equipped and motivated to benefit from it. * Sandy Baum, Professor Emerita of Economics, Skidmore College *
Table of ContentsPart 1 - Introduction ; Chapter 1: The Landscape of the College Cost Debate ; Chapter 2: Is Higher Education All That Unusual? ; Part 2 - Costs ; Chapter 3: Higher Education is a Service ; Chapter 4: The Costs of Employing Highly Educated Workers ; Chapter 5: Cost and Quality in Higher Education ; Chapter 6: The Bottom Line: Why Does College Cost So Much? ; Chapter 7: Is Higher Education Increasingly Dysfunctional? ; Chapter 8: Productivity Growth in Higher Education ; Part 3 - Tuition and Fees ; Chapter 9: Subsidies and Tuition Setting ; Chapter 10: List-Price Tuition and Institutional Grants ; Chapter 11: Outside Financial Aid ; Chapter 12: The College Affordability Crisis ; Part 4 - Policy ; Chapter 13: Federal Policy and College Tuition ; Chapter 14: Financial Aid Policy ; Chapter 15: Rewriting the Relationship between States and Their Public Universities ; Chapter 16: A Few Final Observations ; Appendix 1: Data on Costs and Prices ; Appendix 2: Granger Causality Tests of the Bennett Hypothesis
