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Book Economics of Higher Education

Download or read book Economics of Higher Education written by Robert K. Toutkoushian and published by Springer. This book was released on 2016-03-18 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the many ways in which economic concepts, theories and models can be used to examine issues in higher education. The topics explored in the book include how students make college-going decisions, the payoffs to students and society from going to college, markets for higher education services, demand and supply in markets for higher education, why and how state and federal governments intervene in higher education markets, college and university revenues and expenditures, how institutions use net-pricing strategies and non-price product-differentiation strategies to pursue their goals and to compete in higher education markets, as well as issues related to faculty labor markets. The book is written for both economists and non-economists who study higher education issues and provides readers with background information and thorough explanations and illustrations of key economic concepts. In addition to reviewing the contributions economists have made to the study of higher education, it also examines recent research in each of the major topical areas. The book is policy-focused and each chapter analyses how contemporary higher education policies affect the behaviour of students, faculty and/or institutions of higher education. "Toutkoushian and Paulsen attempted a daunting task: to write a book on the economics of higher education for non-economists that is also useful to economists. A book that could be used for reference and as a textbook for higher education classes in economics, finance, and policy. They accomplish this tough balancing act with stunning success in a large volume that will serve as the go-to place for anyone interested in the history and current thinking on the economics of higher education.” William E. Becker, Jr., Professor Emeritus of Economics, Indiana University

Book The Economics of American Higher Education

Download or read book The Economics of American Higher Education written by William E. Becker Jr. and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Postsecondary educational institutions in the United States are facing increasing financial stress and waning public support. Unless these trends can be changed, higher education can be expected to stagnate. What, if anything, can be done? As a starting point, advocates of higher education need to more fully recognize the issues associated with the economic mission of higher education and how this mission gets translated into individual student gains, regional growth, and social equity. This requires an understanding of the relationship between the outcomes of higher education and measures of economic productivity and well-being. This volume addresses topics related to the role of postsecondary education in microeconomic development within the United States. At tention is given to the importance of colleges and universities 'in the enhancement of individual students and in the advancement of the com munities and states within which they work. Although several of the chapters in this volume are aimed at research/teaching universities, much of what is presented throughout can be generalized to all of postsecondary education. Little attention, however, is given to the role of higher education in the macroeconomic development of the United States; this topic is covered in our related book, American Higher Education and National Growth.

Book The Economics of Higher Education in the United States

Download or read book The Economics of Higher Education in the United States written by Thomas Adam and published by Texas A&M University Press. This book was released on 2019-03-27 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Economics of Higher Education in the United States, editors Thomas Adam and A. Burcu Bayram have assembled five essays, adapted from the fifty-second annual Walter Prescott Webb Memorial Lecture Series, that focus on the increasing cost of college—a topic that causes great anxiety among students, parents, faculty, administrators, legislators, and taxpayers. Essays focus on the funding of colleges, the funding of professional schools, and the provision of scholarships and student loans for undergraduate students to reveal the impact of money on the structure of institutions of higher education and the organization of colleges. The cost of higher education has risen dramatically as both states and the federal government have significantly lowered their contributions to offset that cost. With rising tuition and cost of living—on top of a growing student population—too many graduates find themselves in financial trouble after earning their undergraduate degree. Mounting student debt prevents an increasing number of young professionals from embarking on the very life for which their education was supposed to prepare them. How have we come from a political environment in which higher education was perceived as a public good, normally free to the user, to an environment in which higher education is seen as a privilege subject primarily to market forces? The Economics of Higher Education in the United States offers a desperately needed analysis in an attempt to understand and tackle this looming problem.

Book Investment in Learning

Download or read book Investment in Learning written by Howard Bowen and published by Routledge. This book was released on 2018-01-16 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: The value of higher education has been under attack as seldom before in American history. We are told of the overeducated American, of the case against college, and of the failure of education to contribute significantly to the reduction of inequality. In this environment, republication of an exceptionally comprehensive and judicious analysis of all that has been learned and not learned about the consequences of American higher education comes at a most appropriate time. Investment in Learning more fully covers the various aspects of this subject than any yet to appear. Howard Bowen is optimistic about higher education, but his viewpoint is based on profound knowledge of both the economic and social aspects of education. Unlike some economists who insist on a strict cost-benefit analysis of expenditures on higher education in relation to outcomes, Bowen argues that the non-monetary benefits are far greater, to the point that individual and social decisions should be made primarily on those broader indicators. Cameron Fincher, in his new opening for the book, notes that "Publication of Howard Bowen's Investment in Learning was like a break in a long summer drought. . . . It was a comprehensive rebuttal to return-on-investment studies with negativistic findings." And in the foreword to the book, Clark Kerr simply says, "Howard Bowen is better prepared to survey the overall consequences of higher education in the United States than anyone else."

Book The Economic Value of Higher Education

Download or read book The Economic Value of Higher Education written by Larry L. Leslie and published by Simon & Schuster Books For Young Readers. This book was released on 1988 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Declining Economic Value of Higher Education and the American Social System

Download or read book The Declining Economic Value of Higher Education and the American Social System written by Richard Barry Freeman and published by New York : Aspen Institute for Humanistic Studies. This book was released on 1976 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Economics of Higher Education

Download or read book Economics of Higher Education written by Selma J. Mushkin and published by . This book was released on 1962 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Composite work in economic research on higher education in the USA - covers labour demand and supply of professional workers and university graduates, financing educational investment, etc. References and statistical tables.

Book The Economic Value of Higher Education

Download or read book The Economic Value of Higher Education written by and published by . This book was released on 1999 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Economics of Higher Education

Download or read book The Economics of Higher Education written by C. R. Belfield and published by Edward Elgar Publishing. This book was released on 2003 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part 1 Economic benefits of higher education: the economic returns to lifelong learning in OECD countries, Elchanan Cohn and John T. Addison; changes in the rate of return to education in Sweden, Marten O. Palme and Robert E. Wright; the economic returns to college major, quality and performance - a multilevel analysis of recent graduates, Russell W. Rumberger and Scott L. Thomas; does it pay to attend an elite private college? cross-cohort evidence on the effects of college type on earnings, Dominic J. Brewer; the gender earnings gap among college-educated workers, Linda Datcher Loury; higher education as a filter, Kenneth J. Arrow; degrees matter - new evidence on sheepskin effects in the returns to education, David A. Jaeger and Marianne E. Page; health, wealth and happiness - why pursue a higher education?, Joop Hartog and Hessel Oosterbeek; R & D-based models of economic growth, Charles I. Jones; universities as a source of commercial technology - a detailed analysis of university patenting, 1965-1988, Rebecca Henderson, Adam B. Jaffe and Manuel Trajtenberg; public spending on higher education in developing countries - too much or too little?, Nancy Birdsall. Part 2 Student demand and student preferences: student price response in higher education - an update to Leslie and Brinkman, Donald E. Heller; college entry by blacks since 1970 - the role of college costs, family background and the returns to education, Thomas J. Kane. Part 3 Technology and production of higher education: the analytics of the pricing of higher education and other services in which the customers are inputs, Michael Rothschild and Lawrence J. White; evaluating educational inputs in undergraduate education, Robert C. Dolan et al; the determinants of undergraduate grade point average - the relative importance of family background, high school resources and peer group effects, Julian R. Betts and Darlene Morell; determinants of college completion - school quality of stud.

Book Passing the Torch

    Book Details:
  • Author : Paul Attewell
  • Publisher : Russell Sage Foundation
  • Release : 2007-04-05
  • ISBN : 1610440196
  • Pages : 287 pages

Download or read book Passing the Torch written by Paul Attewell and published by Russell Sage Foundation. This book was released on 2007-04-05 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: The steady expansion of college enrollment rates over the last generation has been heralded as a major step toward reducing chronic economic disparities. But many of the policies that broadened access to higher education—including affirmative action, open admissions, and need-based financial aid—have come under attack in recent years by critics alleging that schools are admitting unqualified students who are unlikely to benefit from a college education. In Passing the Torch, Paul Attewell, David Lavin, Thurston Domina, and Tania Levey follow students admitted under the City University of New York’s “open admissions” policy, tracking its effects on them and their children, to find out whether widening college access can accelerate social mobility across generations. Unlike previous research into the benefits of higher education, Passing the Torch follows the educational achievements of three generations over thirty years. The book focuses on a cohort of women who entered CUNY between 1970 and 1972, when the university began accepting all graduates of New York City high schools and increasing its representation of poor and minority students. The authors survey these women in order to identify how the opportunity to pursue higher education affected not only their long-term educational attainments and family well-being, but also how it affected their children’s educational achievements. Comparing the record of the CUNY alumnae to peers nationwide, the authors find that when women from underprivileged backgrounds go to college, their children are more likely to succeed in school and earn college degrees themselves. Mothers with a college degree are more likely to expect their children to go to college, to have extensive discussions with their children, and to be involved in their children’s schools. All of these parenting behaviors appear to foster higher test scores and college enrollment rates among their children. In addition, college-educated women are more likely to raise their children in stable two-parent households and to earn higher incomes; both factors have been demonstrated to increase children’s educational success. The evidence marshaled in this important book reaffirms the American ideal of upward mobility through education. As the first study to indicate that increasing access to college among today’s disadvantaged students can reduce educational gaps in the next generation, Passing the Torch makes a powerful argument in favor of college for all.

Book American Doctoral Dissertations

Download or read book American Doctoral Dissertations written by and published by . This book was released on 1999 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Who Should Pay

    Book Details:
  • Author : Natasha Quadlin
  • Publisher : Russell Sage Foundation
  • Release : 2022-01-14
  • ISBN : 161044910X
  • Pages : 284 pages

Download or read book Who Should Pay written by Natasha Quadlin and published by Russell Sage Foundation. This book was released on 2022-01-14 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans now obtain college degrees at a higher rate than at any time in recent decades in the hopes of improving their career prospects. At the same time, the rising costs of an undergraduate education have increased dramatically, forcing students and families to take out often unmanageable levels of student debt. The cumulative amount of student debt reached nearly $1.5 trillion in 2017, and calls for student loan forgiveness have gained momentum. Yet public policy to address college affordability has been mixed. While some policymakers support more public funding to broaden educational access, others oppose this expansion. Noting that public opinion often shapes public policy, sociologists Natasha Quadlin and Brian Powell examine public opinion on who should shoulder the increasing costs of higher education and why. Who Should Pay? draws on a decade’s worth of public opinion surveys analyzing public attitudes about whether parents, students, or the government should be primarily responsible for funding higher education. Quadlin and Powell find that between 2010 and 2019, public opinion has shifted dramatically in favor of more government funding. In 2010, Americans overwhelming believed that parents and students were responsible for the costs of higher education. Less than a decade later, the percentage of Americans who believed that federal or state/local government should be the primary financial contributor has more than doubled. The authors contend that the rapidity of this change may be due to the effects of the 2008 financial crisis and the growing awareness of the social and economic costs of high levels of student debt. Quadlin and Powell also find increased public endorsement of shared responsibility between individuals and the government in paying for higher education. The authors additionally examine attitudes on the accessibility of college for all, whether higher education at public universities should be free, and whether college is worth the costs. Quadlin and Powell also explore why Americans hold these beliefs. They identify individualistic and collectivist world views that shape public perspectives on the questions of funding, accessibility, and worthiness of college. Those with more individualistic orientations believed parents and students should pay for college, and that if students want to attend college, then they should work hard and find ways to achieve their goals. Those with collectivist orientations believed in a model of shared responsibility – one in which the government takes a greater level of responsibility for funding education while acknowledging the social and economic barriers to obtaining a college degree for many students. The authors find that these belief systems differ among socio-demographic groups and that bias – sometimes unconscious and sometimes deliberate – regarding race and class affects responses from both individualistic and collectivist-oriented participants. Public opinion is typically very slow to change. Yet Who Should Pay? provides an illuminating account of just how quickly public opinion has shifted regarding the responsibility of paying for a college education and its implications for future generations of students.

Book Productivity in Higher Education

Download or read book Productivity in Higher Education written by Caroline M. Hoxby and published by University of Chicago Press. This book was released on 2020-01-10 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do the benefits of higher education compare with its costs, and how does this comparison vary across individuals and institutions? These questions are fundamental to quantifying the productivity of the education sector. The studies in Productivity in Higher Education use rich and novel administrative data, modern econometric methods, and careful institutional analysis to explore productivity issues. The authors examine the returns to undergraduate education, differences in costs by major, the productivity of for-profit schools, the productivity of various types of faculty and of outcomes, the effects of online education on the higher education market, and the ways in which the productivity of different institutions responds to market forces. The analyses recognize five key challenges to assessing productivity in higher education: the potential for multiple student outcomes in terms of skills, earnings, invention, and employment; the fact that colleges and universities are “multiproduct” firms that conduct varied activities across many domains; the fact that students select which school to attend based in part on their aptitude; the difficulty of attributing outcomes to individual institutions when students attend more than one; and the possibility that some of the benefits of higher education may arise from the system as a whole rather than from a single institution. The findings and the approaches illustrated can facilitate decision-making processes in higher education.

Book The Economics and Financing of Higher Education in the United States

Download or read book The Economics and Financing of Higher Education in the United States written by United States. Congress. Economic Joint Committee and published by . This book was released on 1969 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Economic Benefit of Postsecondary Degrees

    Book Details:
  • Author : National Center National Center for Higher Education Management Systems
  • Publisher : CreateSpace
  • Release : 2014-11-01
  • ISBN : 9781503333628
  • Pages : 42 pages

Download or read book The Economic Benefit of Postsecondary Degrees written by National Center National Center for Higher Education Management Systems and published by CreateSpace. This book was released on 2014-11-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to the declining international ranking in the percentage of young adults with a postsecondary credential, President Obama, philanthropic and policy organizations, and states have set bold goals essentially to double the number of postsecondary degrees and certificates produced in the next 8 to 13 years. Behind this commitment to increased attainment is a value proposition for policymakers and the general public that achieving these goals will lead to social and economic benefits for individuals, states, and the nation. The movement to increase the percentage of U.S. citizens with a high quality postsecondary degree or credential has proceeded alongside a prolonged economic downturn in which state appropriations have fallen below enrollment growth and inflation. Nationally, state and local support per student is down 12.5 percent in constant dollars from FY 2006 to FY 2011. Meanwhile, despite substantial annual tuition increases in most states, between FY 2006 and FY 2011, student full time enrollment increased an average of 16.9 percent nationally. And bachelor's degree production during the period of this study, FY 2005 to FY 2010, grew by 12.7 percent. Increases in both the demand for and the cost of higher education have resulted in a growing number of students relying on student loans to finance postsecondary education. In academic year 2010-11, the percentage of undergraduates who took out federal Stafford loans reached 34 percent compared to 28 percent ten years earlier. This trend, along with higher unemployment rates for recent college graduates4, has led some to question the value of a college degree. The media have reported stories of Americans struggling to find jobs and to pay off their student debt after graduation. Other stories cite a few high profile examples of entrepreneurs who are not college graduates; one entrepreneur has even offered "fellowships" for students to drop out of college and pursue start-up ideas. Despite such skepticism, the evidence clearly demonstrates the value of a college education. According to our analysis of U.S. Census data, those who obtain a bachelor's degree have a median income of $50,360 compared to a median of $29,423 for people with only a high school diploma. An associate's degree leads to a median income of $38,607, more than $9,000 higher than a high school diploma. Those with a graduate degree have a median income of $68,064, 35.2 percent more than those with a bachelor's degree. Additionally, The College Advantage: Weathering the Economic Storm, from the Georgetown University's Center on Education and the Workforce, shows that workers without a college degree have been significantly worse off in the recent economic downturn than those who have attended college. Four out of every five jobs lost in the recession were held by workers with no postsecondary education experience. Although the unemployment rate for recent college graduates is higher than for older workers with comparable education levels, their unemployment rate of 6.8 percent is still more than 17 points lower than for new high school graduates, which is at 24 percent.

Book Serving the New Majority Student

Download or read book Serving the New Majority Student written by Eric Malm and published by Rowman & Littlefield. This book was released on 2018-03-06 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of higher education was originally designed to meet the needs of full time 18-22 year-old students who enter directly from high school. However, the New Majority of our students are older, likely to swirl among institutions, and have significant adult responsibilities outside of the classroom. The New Majority Student: Working from Within to Transform Higher Education is a call to transform colleges and universities to meet the academic and student experience needs of New Majority students and for adult educators to become advocates, allies, and resources for needed reforms. Book contributors, including faculty, staff and administrators at public, private and community colleges, provide insights for this transformation. The bookutilizes a business perspective to academic transformation, providing a guide to how universities can redefine and restructure their education product to meet student needs. Taking a Human Centered Design approach, the contributors provide frameworks and examples of how institutions can reallocate technology, effort (internal, external, student, faculty) and finances to reimagine programs and ensure long term institutional health.