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While there are many great research articles, good books, and provocative policy analyses related to the economics of education, these materials are often written to influence the policy process and not necessarily for students with limited knowledge of the underlying policies and the economic framework. This textbook is intended to serve as a foundation for a broad-based course on the economics of education. Its goal is to provide an overview of economics of education research: to lay out the evidence as clearly as possible, note agreements, disagreements, and unresolved points in literature, and to help students develop the tools necessary to draw their own conclusions.
Ever the Leader gathers together selected speeches and writings from one of the great scholars and commentators of higher education. William G. Bowen’s career at Princeton University—from economics professor to provost to a sixteen-year tenure as president—was marked by extraordinary accomplishments during times of great change, both at the university and in the country. But it was in Bowen’s second act, as president of the Andrew W. Mellon Foundation and founding chairman of ITHAKA, that he took the lessons he learned as a highly productive leader of one of the nation’s most esteemed universities and applied them to a broader set of problems in higher education. This volume of wor...
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 productivi...
Do you remember President Barack Obama's economic priorities during his presidency? The Economic Report of the President is an annual report written by the Chair of the Council of Economic Advisers. An important vehicle for presenting the Administration's domestic and international economic policies, it provides an overview of the nation's economic progress with text and extensive data appendices. This volume pertains to President Barack Obama administration and reviews the efforts of the Obama Administration to ensure economic growth among all American families. This authoritiative resource covers highlights from the eight years of President Barack Obama and his administration's service to ...
"At a time of deep social and political division, along comes a much-needed book to steer us toward solutions to five very difficult national problems. There could be no better guide for this endeavor than Peter Schuck, one of the clearest and most thoughtful legal and policy scholars of this or any generation."--Robert E. Litan, author of Trillion Dollar Economists.s.
Represents the annual report of the President's Council of Economic Advisers. Appendix B contains historical tables (from 1959 or earlier) on aspects of income (national, personal, and corporate), production, prices, employment, investment, taxes and transfers, and money and finance.
In this provocative volume, higher education experts explore innovative ways that colleges and universities can unbundle the various elements of the college experience while assessing costs and benefits and realizing savings. Stretching the Higher Education Dollar traces the reform continuum from incremental to more ambitious efforts. Topics include effective strategies for reallocating resources to capture efficiencies, opportunities with massive open online courses (MOOCs), and ideas for building low-cost degree pathways from the ground up. Though the pace of change in higher education is fast and furious, Stretching the Higher Education Dollar offers promising ideas for navigating the new fiscal, political, and technological environment.
What will it take to achieve President Obama’s higher education completion agenda? The United States, long considered to have the best higher education in the world, now ranks eleventh in the proportion of 25- to 34-year-olds with a college degree. As other countries have made dramatic gains in degree attainment, the U.S. has improved more slowly. In response, President Obama recently laid out a national “completion agenda” with the goal of making the U.S. the best-educated nation in the world by the year 2020. Getting to Graduation explores the reforms that we must pursue to recover a position of international leadership in higher education as well as the obstacles to those reforms. T...
Over the past few decades, US business and industry have been transformed by the advances and redundancies produced by the knowledge economy. The workplace has changed, and much of the work differs from that performed by previous generations. Can human capital accumulation in the United States keep pace with the evolving demands placed on it, and how can the workforce of tomorrow acquire the skills and competencies that are most in demand? Education, Skills, and Technical Change explores various facets of these questions and provides an overview of educational attainment in the United States and the channels through which labor force skills and education affect GDP growth. Contributors to this volume focus on a range of educational and training institutions and bring new data to bear on how we understand the role of college and vocational education and the size and nature of the skills gap. This work links a range of research areas—such as growth accounting, skill development, higher education, and immigration—and also examines how well students are being prepared for the current and future world of work.
Public No More examines the quickly changing environment within higher education, including the permanent decline in state support for public universities. This book raises the question of how research universities can survive with reduced subsidies and increased competition from both non-profit and growing for-profit institutions. Authors Gary C. Fethke and Andrew J. Policano, both longtime university administrators, offer a strategic framework for determining how tuition and access should be set and how universities should decide on quality and program scope. Throughout the text, real-world examples illustrate successful and unsuccessful adoptions of the authors' proposals. Leadership within public higher education, policymakers, and researchers alike will find Public No More to be a sober and well-grounded guide to what lies ahead for universities across the nation.