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The Economics of American Universities

The Economics of American Universities PDF Author: Stephen A. Hoenack
Publisher: State University of New York Press
ISBN: 1438406835
Category : Education
Languages : en
Pages : 296

Book Description
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?

The Economics of American Universities

The Economics of American Universities PDF Author: Stephen A. Hoenack
Publisher: State University of New York Press
ISBN: 1438406835
Category : Education
Languages : en
Pages : 296

Book Description
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?

The Economics of American Higher Education

The Economics of American Higher Education PDF Author: William E. Becker Jr.
Publisher: Springer Science & Business Media
ISBN: 9401129509
Category : Business & Economics
Languages : en
Pages : 350

Book Description
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.

Markets, Minds, and Money

Markets, Minds, and Money PDF Author: Miguel Urquiola
Publisher: Harvard University Press
ISBN: 0674246608
Category : Business & Economics
Languages : en
Pages : 361

Book Description
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.

American Universities in a Global Market

American Universities in a Global Market PDF Author: Charles T. Clotfelter
Publisher: University of Chicago Press
ISBN: 0226110451
Category : Education
Languages : en
Pages : 427

Book Description
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.

Economists and Higher Learning in the Nineteenth Century

Economists and Higher Learning in the Nineteenth Century PDF Author: William J. Barber
Publisher: Transaction Publishers
ISBN: 9781412822169
Category : Education
Languages : en
Pages : 492

Book Description
Many economists who struggled to establish a secure place for their discipline in American universities in the nineteenth century made significant contributions to reshaping American academic life in general. Yet, they were often at war among themselves as they sought to define the mission and methods of economics in an era of social and intellectual ferment. This volume represents the contribution of American scholars to a multinational research project on the institutionalization of political economy in European, Japanese, and North American universities. It includes case studies of divergent experiences of fourteen institutions that figured prominently in the molding of American culture: William & Mary, The University of Virginia, South Carolina College, Brown, Harvard, Yale, Columbia, Johns Hopkins, The University of Pennsylvania, The University of Chicago, The University of California, Stanford, The University of Wisconsin, and the Massachusetts Institute of Technology. These are supplemented in an essay by A. W. Coats on the turbulent early decades of the American Economic Association. In this new introduction, Barber takes note of the fact that in a somewhat different context and with a modified rhetoric the same issues present themselves today as they did one hundred years earlier. And this in turn introduces some troubling concerns about just what sort of science economics is, and was. The volume as a whole can be read as reflections on the troubled status of the discipline of economics as it now exists in American university and research contexts. It provides fresh perspectives on the development of social science and economic thought and on the history of higher education in the United States. As such it will be of very great interest to professional economists, students of higher education, and those for whom the life of American ideas holds a central place.

Education and Capitalism

Education and Capitalism PDF Author: Joseph L. Bast
Publisher: Hoover Institution Press
ISBN: 0817939733
Category : Education
Languages : en
Pages : 364

Book Description
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.

American Higher Education in the Twenty-First Century

American Higher Education in the Twenty-First Century PDF Author: Michael N. Bastedo
Publisher: JHU Press
ISBN: 1421419904
Category : Education
Languages : en
Pages : 571

Book Description
American Higher Education in the Twenty-first century offers a comprehensive introduction to the central issues facing American colleges and universities. The contributors address major changes in higher education--including the rise of organized social movements, the problem of income inequality and stratification, the growth of for-profit and distance education, online education, community colleges, and teaching and learning-- will placing American higher education and its complex social and political context. --Cover.

The Road Ahead for America's Colleges and Universities

The Road Ahead for America's Colleges and Universities PDF Author: Robert B. Archibald
Publisher: Oxford University Press
ISBN: 019025193X
Category : Business & Economics
Languages : en
Pages : 288

Book Description
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.

On the Economics of American Higher Education

On the Economics of American Higher Education PDF Author: Richard H. Quay
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 22

Book Description
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)

Men Who Control Our Universities

Men Who Control Our Universities PDF Author: Hubert Park Beck
Publisher:
ISBN: 9781258317515
Category :
Languages : en
Pages : 238

Book Description