Why Does College Cost So Much? (Archibald Robert B.
Why Does College Cost So Much? (Archibald Robert B. Much of what is written about colleges and universities ties rapidly rising tuition to dysfunctional behavior in the academy. This book offers a…
Specifikacia Why Does College Cost So Much? (Archibald Robert B.
Why Does College Cost So Much? (Archibald Robert B.
Much of what is written about colleges and universities ties rapidly rising tuition to dysfunctional behavior in the academy. This book offers a different view. Common targets of dysfunction include prestige games among universities, gold plated amenities, and bloated administration.
The trajectory of college cost is similar to cost behavior in many other industries, and this is no coincidence. To explain rising college cost, the authors place the higher education industry firmly within the larger economic history of the United States. Higher education is a personal service that relies on highly educated labor.
A technological trio of broad economic forces has come together in the last thirty years to cause higher education costs, and costs in many other industries, to rise much more rapidly than the inflation rate. The main culprit is economic growth itself.This finding does not
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