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The economics of higher education in the United States / edited by Thomas Adam and A. Burcu Bayram ; contributors Thomas Adam [and eight others].
- Format:
- Book
- Series:
- Walter Prescott Webb memorial lectures.
- Walter Prescott Webb memorial lectures
- Language:
- English
- Subjects (All):
- Education, Higher--Economic aspects.
- Education, Higher.
- Universities and colleges--United States--Finance.
- Universities and colleges.
- Student aid--United States.
- Student aid.
- College costs--United States.
- College costs.
- Physical Description:
- 1 online resource (222 pages).
- Place of Publication:
- College Station : Texas A&M University Press, [2019]
- Summary:
- 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.
- Contents:
- Introduction: the economics of higher education and the history of philanthropy research / Stanley N. Katz
- The road towards student debt: the history and politics of paying for a college degree / Thomas Adam and A. Burcu Bayram
- The introduction of national scholarship programs at private colleges in the Northeast in the 1930s and 1940s / Thomas Adam
- Bernard Daly's promise: lessons from America's oldest place-based scholarship / Sam Stern and Jordan Hensley
- Financing independence: endowments, philanthropic foundations, and higher education in American history / David C. Hammack
- The formative financial era of the "major professional schools": medicine, law, and business at Columbia and Harvard, 1890-1950 / Bruce A. Kimball, Jeremy B. Luke, and Jamie M. Brown.
- Notes:
- Includes index.
- Description based on print version record.
- ISBN:
- 1-62349-744-2
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