Tuition Rising Why College Costs So Much - With a New Preface

ISBN-10: 0674009886

ISBN-13: 9780674009882

Edition: 2002 (Reprint)

Authors: Ronald G. Ehrenberg

List price: $31.50
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America's colleges and universities are the best in the world. They are also the most expensive. Tuition has risen faster than the rate of inflation for the past thirty years. There is no indication that this trend will abate. Ronald G. Ehrenberg explores the causes of this tuition inflation, drawing on his many years as a teacher and researcher of the economics of higher education and as a senior administrator at Cornell University. Using incidents and examples from his own experience, he discusses a wide range of topics including endowment policies, admissions and financial aid policies, the funding of research, tenure and the end of mandatory retirement, information technology, libraries and distance learning, student housing, and intercollegiate athletics. He shows that colleges and universities, having multiple, relatively independent constituencies, suffer from ineffective central control of their costs. And in a fascinating analysis of their response to the ratings published by magazines such as U.S. News & World Report, he shows how they engage in a dysfunctional competition for students. In the short run, colleges and universities have little need to worry about rising tuitions, since the number of qualified students applying for entrance is rising even faster. But in the long run, it is not at all clear that the increases can be sustained. Ehrenberg concludes by proposing a set of policies to slow the institutions' rising tuitions without damaging their quality.
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Book details

List price: $31.50
Copyright year: 2002
Publisher: Harvard University Press
Publication date: 10/30/2002
Binding: Paperback
Pages: 336
Size: 6.00" wide x 9.00" long x 0.75" tall
Weight: 1.100
Language: English

Setting the Stage
Why Do Costs Keep Rising at Selective Private Colleges and Universities?
Who Is in Charge of the University?
Wealth and the Quest for Prestige
Endowment Policies, Development Policies, and the Color of Money
Undergraduate and Graduate Program Rankings
Admissions and Financial Aid Policies
The Primacy of Science Over Economics
Why Relative Prices Don't Matter
Staying on the Cutting Edge in Science
The Faculty
Tenure and the End of Mandatory Retirement
Deferred Maintenance, Space Planning, and Imperfect Information
The Costs of Space
Academic and Administrative Issues
Internal Transfer Prices
Enrollment Management
Information Technology, Libraries, and Distance Learning
The Nonacademic Infrastructure
Parking and Transportation
Cooling Systems
Student Life
Intercollegiate Athletics and Gender Equity
Dining and Housing
Looking to the Future
A Final Thought
Defined Benefit and Defined
Contribution Retirement Plans
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