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Is the end in sight for college tuition hikes?
Tuition and fees at public colleges and universities consistently have risen twice or even three times as fast as comparable increases in the Consumer Price Index in recent years. Since 2000 these costs have even grown 60 percent faster than health care costs. The results have been rapidly rising student debt (now $1.4 trillion nationally), rising delinquencies in debt repayment, and a dysfunctional stratification of public college student bodies on the basis of family incomes. This is a broken, unsustainable model for the majority of public colleges.
Why has this occurred? The multiple causes include declining state support, the avaricious behavior of individual institutions, their reluctance to adopt productivity-increasing innovations, their cost-increasing competition for higher U.S. News ratings, and misdirected federal student financial aid policies.
The key actors are the 50,000 members of the governing boards of public colleges, who too often forget that their primary responsibility is to citizens, taxpayers, and the 15 million students. Instead, board members are co-opted by clever administrators into approving tuition and fee increases well beyond what is needed to make up for declining state funding. Concerted, informed public pressure on governors, legislators, and board members is necessary to move institutions in more positive directions.
Higher education funding and tuition and fee inflation are complicated matters that very few people understand well. The Impoverishment of the American College Student clarifies the central issues and provides plentiful data to support its key points. It is a must-read for anyone who believes that maintaining access to and the affordability of public colleges are vitally important to our society''s future.
Industry Reviews
"Soaring college costs and public concerns about educational quality are front-page news, but it is hard to find clear explanations of decision-making in university administrative suites and boardrooms. James Koch's timely and important new book separates economic fact from wishful thinking."- Richard A. DeMillo, executive director, Center for 21st Century Universities, Georgia Institute of Technology;
"Tuition and fee price inflation is a serious problem in higher education. Jim Koch lasers in on the causes underlying this problem and provides us with a practical plan to remedy it. These solutions reflect in part Koch's fifteen years of distinguished experience as a university president and the insights he has developed as a serious scholar."- Richard J. Cebula, professor of finance, Jacksonville University;
"A welcome new tool to help make informed policy decisions that address the real problem of college cost. . . Koch's new book and the work he's doing with Partners are valuable additions to the higher education policy discussion. More former college presidents should follow Koch's example."- Jenna A. Robinson, James G. Martin Center for Academic Renewal
ISBN: 9780815732617
ISBN-10: 0815732619
Published: 9th July 2019
Format: Paperback
Language: English
Number of Pages: 266
Audience: Professional and Scholarly
Publisher: UNITED SYNAGOGUE OF CONSERVATI
Country of Publication: GB
Dimensions (cm): 22.3 x 15.5 x 1.9
Weight (kg): 0.5
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- Non-FictionEducationHigher & Further Education
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- Non-FictionEducationOrganisation & Management of EducationFunding of Education & Student Finance