College Cost Disease

Higher Cost and Lower Quality

Szerző: Robert E. Martin

Nyelv:

Kötés: Kemény kötésű

Kiadó: Edward Elgar Publishing Ltd

Elérhetőség: Beszállítói készleten

Küldés 14-20 napon belül

47 970 Ft

College cost per student has been on the rise at a pace that matches - or exceeds - healthcare costs...

Információk a könyvről

Szerző

Robert E. Martin

Nyelv

Angol

Kötés

Könyv - Kemény kötésű

Kiadva

2011

oldal

208

EAN

9781849806169

Enbook ID

05107737

Kiadó

Edward Elgar Publishing Ltd

Súly

295

Méretek

156 x 234 x 16

Teljes leírás

College cost per student has been on the rise at a pace that matches - or exceeds - healthcare costs. Unlike healthcare, though, teaching quality has declined, and rapidly rising costs and declining quality are not trends easily forgiven by society. The College Cost Disease addresses these problems, providing a behavioral framework for the chronic cost/quality consequences with which higher education is fraught. Providing many compelling insights into the issues plaguing higher education, Robert Martin expounds upon H.R. Bowen's revenue theory of cost by detailing experience good theory, the principal/agent problem, and non-profit status. Reputation competition dominates higher education. Students and their parents, and public opinion in general, associate higher tuition with higher quality and greater accolades; price is used as a proxy for quality only when consumers are uncertain about quality prior to purchase. Higher education services are the most complex types of 'experience goods'; a service whose quality can only be determined after a purchase has been made. Applying formal economic theory to higher education, Robert Martin examines how and why attempts to control costs are controversial and the damaging effects these controversies have on institutions' reputations. Arguing that the college access problem cannot be solved until colleges and universities find a way to control their costs, this book brings to the fore the leading ideas that will bring about much-needed budgetary reform in higher education. Governing boards, administrators and faculty members should find much to think on and learn from here; parents, students, alumni and taxpayers will find the research and conclusions alarming, though eye-opening.

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College Cost Disease

Higher Cost and Lower Quality

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