Download or read book The Economics of American Universities written by Stephen A. Hoenack and published by State University of New York Press. This book was released on 1990-06-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the adjustment of universities to the changing financial environment. Its authors analyze the relationship between higher education inputs and outputs, assess the available information about the determinants of university costs, survey the influence of market conditions and pricing strategies on students' demands for attendance at institutions of higher education, summarize research on the objectives for institutions of higher education held by different participants and funders, analyze how universities determine their priorities and relative funding for different activities and disciplines, and explore the economics of universities' research functions. In addition, the book addresses three questions regarding the external fiscal environment facing American universities. What are the recent and emerging changes in the key economic variables affecting these institutions? What mechanisms have universities used in the past to cope with tighter financial constraints? What are the implications for university research activities as these institutions adjust to their fiscal constraints?
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.
Download or read book Markets Minds and Money written by Miguel Urquiola and published by Harvard University Press. This book was released on 2020-04-14 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: A colorful history of US research universities, and a market-based theory of their global success. American education has its share of problems, but it excels in at least one area: university-based research. That’s why American universities have produced more Nobel Prize winners than those of the next twenty-nine countries combined. Economist Miguel Urquiola argues that the principal source of this triumph is a free-market approach to higher education. Until the late nineteenth century, research at American universities was largely an afterthought, suffering for the same reason that it now prospers: the free market permits institutional self-rule. Most universities exploited that flexibility to provide what well-heeled families and church benefactors wanted. They taught denominationally appropriate materials and produced the next generation of regional elites, no matter the students’—or their instructors’—competence. These schools were nothing like the German universities that led the world in research and advanced training. The American system only began to shift when certain universities, free to change their business model, realized there was demand in the industrial economy for students who were taught by experts and sorted by talent rather than breeding. Cornell and Johns Hopkins led the way, followed by Harvard, Columbia, and a few dozen others that remain centers of research. By the 1920s the United States was well on its way to producing the best university research. Free markets are not the solution for all educational problems. Urquiola explains why they are less successful at the primary and secondary level, areas in which the United States often lags. But the entrepreneurial spirit has certainly been the key to American leadership in the research sector that is so crucial to economic success.
Download or read book American Universities in a Global Market written by Charles T. Clotfelter and published by University of Chicago Press. This book was released on 2010-04-28 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: In higher education, the United States is the preeminent global leader, dominating the list of the world’s top research universities. But there are signs that America’s position of global leadership will face challenges in the future, as it has in other realms of international competition. American Universities in a Global Market addresses the variety of issues crucial to understanding this preeminence and this challenge. The book examines the various factors that contributed to America’s success in higher education, including openness to people and ideas, generous governmental support, and a tradition of decentralized friendly competition. It also explores the advantages of holding a dominant position in this marketplace and examines the current state of American higher education in a comparative context, placing particular emphasis on how market forces affect universities. By discussing the differences in quality among students and institutions around the world, this volume sheds light on the singular aspects of American higher education.
Download or read book The Road Ahead for America s Colleges and Universities written by Robert B. Archibald and published by Oxford University Press. This book was released on 2017-07-03 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: The US higher education system is on the verge of a revolution, so some observers claim. Archibald and Feldman, leading analysts, provide an incisive overview of the challenges facing and possibilities for America's universities and colleges in their training future generations. And they demonstrate that our higher education system is resilient and adaptable enough to weather the internal, external, and technological threats without changing campuses beyond recognition. The Road Ahead for America's Colleges and Universities examines the threats posed to the current health of higher education by rising tuition and falling government support, as well as from new digital technologies rippling through the entire economy. Some predict disaster, pointing to high costs, exploding debt, and a digital tsunami that supposedly will combine to disrupt and sweep away many of the nation's higher education institutions, or change them beyond recognition. Archibald and Feldman provide a more nuanced view. They argue that the bundle of services that four-year colleges and universities provide will retain its value for the traditional age range of college students. Less certain, Archibald and Feldman argue, is whether the system will continue to be a force for social and economic opportunity. The threats are most dire at schools that disproportionately serve America's most underprivileged students. At the same time, growing income inequality reduces the ability of many students and their families to pay for higher education. Archibald and Feldman suggest a range of policy options at the state and federal level that will help America's higher education system continue to fulfill its promise.
Download or read book On the Economics of American Higher Education written by Richard H. Quay and published by . This book was released on 1982 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: A bibliography of approximately 150 materials authored, coauthored, or edited by Howard R. Bowen from 1935 through 1982 on the economics of American higher education is presented. Specific topics include the following: the wide disparity among colleges in educational cost per student; costs colleges spend per student; adult learning, higher education, and the economics of unused capacity; future social needs and demands for highly educated people; goals, outcomes, and academic evaluation; socially imposed costs of higher education; what college does for the family; the compensation of faculty and staff in American higher education; accountability in higher education; career preparation in the independent liberal arts college; measurements of efficiency; higher education and human equality; outcome data and educational decision making; systems theory, excellence, and values--will they mix; toward social economy; the future of private colleges; efficiency in liberal education; faculty guide to academic economics; research and public policy for higher education; academic freedom and the financing of higher education; the changing power structure in American higher education; federal policy alternatives toward graduate education; inflation and the colleges; marketable skills for youth; philanthropy and academic freedom; financing the external degree; student unrest in the United States; role of the college; the uses of liberal education; graduate education in economics; the study of economics in schools of business; and rising tuition. (SW)
Download or read book The Economics of Race in the United States written by Brendan O'Flaherty and published by Harvard University Press. This book was released on 2015-06-08 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brendan O’Flaherty brings the tools of economic analysis—incentives, equilibrium, optimization—to bear on racial issues. From health care, housing, and education, to employment, wealth, and crime, he shows how racial differences powerfully determine American lives, and how progress in one area is often constrained by diminishing returns in another.
Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 1019 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
Download or read book Lower Ed written by Tressie McMillan Cottom and published by New Press, The. This book was released on 2017-02-28 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than two million students are enrolled in for-profit colleges, from the small family-run operations to the behemoths brandished on billboards, subway ads, and late-night commercials. These schools have been around just as long as their bucolic not-for-profit counterparts, yet shockingly little is known about why they have expanded so rapidly in recent years—during the so-called Wall Street era of for-profit colleges. In Lower Ed Tressie McMillan Cottom—a bold and rising public scholar, herself once a recruiter at two for-profit colleges—expertly parses the fraught dynamics of this big-money industry to show precisely how it is part and parcel of the growing inequality plaguing the country today. McMillan Cottom discloses the shrewd recruitment and marketing strategies that these schools deploy and explains how, despite the well-documented predatory practices of some and the campus closings of others, ending for-profit colleges won't end the vulnerabilities that made them the fastest growing sector of higher education at the turn of the twenty-first century. And she doesn't stop there. With sharp insight and deliberate acumen, McMillan Cottom delivers a comprehensive view of postsecondary for-profit education by illuminating the experiences of the everyday people behind the shareholder earnings, congressional battles, and student debt disasters. The relatable human stories in Lower Ed—from mothers struggling to pay for beauty school to working class guys seeking "good jobs" to accomplished professionals pursuing doctoral degrees—illustrate that the growth of for-profit colleges is inextricably linked to larger questions of race, gender, work, and the promise of opportunity in America. Drawing on more than one hundred interviews with students, employees, executives, and activists, Lower Ed tells the story of the benefits, pitfalls, and real costs of a for-profit education. It is a story about broken social contracts; about education transforming from a public interest to a private gain; and about all Americans and the challenges we face in our divided, unequal society.
Download or read book Creating the Market University written by Elizabeth Popp Berman and published by Princeton University Press. This book was released on 2012-01-08 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Academic science in the U.S. once self-consciously avoided the market. But today it is seen as an economic engine that keeps the nation globally competitive. Creating the Market University compares the origins of biotech entrepreneurship, university patenting, and university-industry research centers to show how government decisions shaped by a new argument--that innovation drives the economy-transformed academic science"-- Provided by publisher.
Download or read book Markets Minds and Money written by Urquiola Soux Urquiola S. and published by . This book was released on 2020 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: "America's educational system excels in at least one area: university-based research. Why? Miguel Urquiola, an economist of education, argues that the key is that the United States takes a free market approach to education. Urquiola begins by showing how dominant American universities are in research, in part by developing a historical database of Nobel Prize winners. He then traces the history of research at American universities from the seventeenth century until today, showing that research was an afterthought at most universities until the nineteenth century. Until the late 1800s, most universities were set up independently by churches to provide the basic services of denominational sorting and teaching. In world-leading Germany, by contrast, the state directed universities to provide the kind of advanced training that would help the country compete internationally. America's system only began to change when certain entrepreneurial universities, free to change their model, realized there was a demand in the industrial economy for students who were better trained by expert teachers and sorted by talent. Johns Hopkins and Cornell led the way, followed by Harvard, Columbia, and various other universities that remain dominant today. By the 1920s, the U.S. had passed Germany and Britain as the home of the world's best university research"--
Download or read book Seeing the World written by Mitchell L. Stevens and published by Princeton University Press. This book was released on 2020-04-28 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth look at why American universities continue to favor U.S.-focused social science research despite efforts to make scholarship more cosmopolitan U.S. research universities have long endeavored to be cosmopolitan places, yet the disciplines of economics, political science, and sociology have remained stubbornly parochial. Despite decades of government and philanthropic investment in international scholarship, the most prestigious academic departments still favor research and expertise on the United States. Why? Seeing the World answers this question by examining university research centers that focus on the Middle East and related regional area studies. Drawing on candid interviews with scores of top scholars and university leaders to understand how international inquiry is perceived and valued inside the academy, Seeing the World explains how intense competition for tenure-line appointments encourages faculty to pursue “American” projects that are most likely to garner professional advancement. At the same time, constrained by tight budgets at home, university leaders eagerly court patrons and clients worldwide but have a hard time getting departmental faculty to join the program. Together these dynamics shape how scholarship about the rest of the world evolves. At once a work-and-occupations study of scholarly disciplines, an essay on the formal organization of knowledge, and an inquiry into the fate of area studies, Seeing the World is a must-read for anyone who cares about the future of knowledge in a global era.
Download or read book Academic Capitalism written by Sheila Slaughter and published by Johns Hopkins University Press. This book was released on 1999-11-12 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leslie examine every aspect of academic work unexplored: undergraduate and graduate education, teaching and research, student aid policies, and federal research policies.
Download or read book Education and Capitalism written by Joseph L. Bast and published by Hoover Institution Press. This book was released on 2013-09-01 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors call on the need to combine education with capitalism. Drawing on insights and findings from history, psychology, sociology, political science, and economics, they show how, if our schools were moved from the public sector to the private sector, they could once again do a superior job providing K&–12 education.
Download or read book Macroeconomics and Development written by Mario Damill and published by Columbia University Press. This book was released on 2016-03-15 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, revolutionizing our understanding of high inflation and hyperinflation, disinflation programs, and the behavior of foreign exchange markets as well as financial and currency crises in emerging economies. The essays in this collection assess Latin American neo-structuralism's theoretical contributions and viability as the world's economies evolve. The authors discuss Frenkel's work in relation to pricing decisions, inflation and stabilization policy, development and income distribution in Latin America, and macroeconomic policy for economic growth. An entire section focuses on finance and crisis, and the volume concludes with a neo-structuralist analysis of general aspects of economic development. For those seeking a comprehensive introduction to contemporary Latin American economic thought, this collection not only explicates the intricate work of one of its greatest practitioners but also demonstrates its impact on the growth of economics.
Download or read book The Economics of Higher Education written by United States Department of the Treasury and published by CreateSpace. This book was released on 2015-05-13 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Higher education is a critical mechanism for individual socioeconomic advancement and an important driver of economic mobility. Moreover, a well-educated workforce is vital to our nation's future economic growth. American companies and businesses require a highly skilled workforce to meet the demands of today's increasingly competitive, global economy. Higher education is provided through a complex public-private market, with many different types of individuals and institutions participating. President Obama has supported higher education by increasing the Pell grant, establishing the American Opportunity Tax Credit, expanding income-based repayment for student loans, and freezing the interest rate on subsidized student loans. College enrollment has grown rapidly since the mid-1980s, with almost 20 million undergraduates enrolled today.8 The vast majority of students (73 percent) attend public institutions, ranging from local community colleges to large research institutions. Eighteen percent of students attend private non-profit schools, a category which includes private universities, liberal arts colleges, and small religious institutions. Though for-profit schools have existed for decades, they have recently become a larger share of postsecondary education and have experienced rapid growth in enrollment. Today, nine percent of students are enrolled at for-profit schools.
Download or read book Home Economics in Colleges and Universities written by American Home Economics Association and published by . This book was released on 1956 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: -no. 29. School finance and scnool business management: responsibilities and services of state departments of education [by] Clayton D. Hutchins, Albert R. Munse [and] Edna D. Booher.
