Doing More with Less

1. Front Matter

   Pages i-ix

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2. Evaluating and Debating Causes

   1. Front Matter

      Pages 13-13

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3. Introduction: The American Higher Education Problem

   1. Introduction: The American Higher Education Problem

      • Richard Vedder

      Pages 1-11

4. Evaluating and Debating Causes

   1. Front Matter

      Pages 13-13

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   2. Financial Aid in Theory and Practice

      • Andrew Gillen

      Pages 15-51

   3. Price Discrimination and Rising Costs: Is There Any Relationship?

      • Gregory Randolph

      Pages 53-69

   4. Cost Inflation in Intercollegiate Athletics: And Some Modest Proposals for Controlling It

      • William Shughart II

      Pages 71-93

   5. The Academics–Athletics Trade-Off: Universities and Intercollegiate Athletics

      • Matthew Denhart, Robert Villwock, Richard Vedder

      Pages 95-136

5. Is For-Profit Education the Solution?

   1. Front Matter

      Pages 137-137

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   2. For-Profit Education in the USA: A Primer

      • James Coleman, Richard Vedder

      Pages 139-163

   3. A Market-Funded College’s Approach to Student Learning and Job Placement: An Insider’s View

      • John Woods

      Pages 165-176

   4. The Economics of For-Profit Education

      • Tyler Cowen, Sam Papenfuss

      Pages 177-193

6. Opportunities for Reform

   1. Front Matter

      Pages 195-195

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   2. Getting It Right: Where University Systems Lose Information in Designing Programs

      • Justin M. Ross

      Pages 197-216

   3. Managing the Internal Organization of Colleges and Universities

      • Matthew Holian, Justin M. Ross

      Pages 217-234

   4. Privatize It: Outsourcing and Privatization in Higher Education

      • Carrie B. Kerekes

      Pages 235-247

   5. Improving Higher Education Using the Principles of Market-Based Management®

      • Gavin Romm, Edward Stringham

      Pages 249-266

   6. A Tale of Two Partners: How Specialization and Division of Labor Are Reshaping the Academy

      • G. Dirk Mateer

      Pages 267-280

7. Back Matter

   Pages 281-290

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This volume contains a collection of papers by economists which examine the various strategies for cutting costs and improving productivity in higher education in the United States. The dramatic increase in the cost of attending most colleges and universities in recent years has led to increasing concerns regarding college affordability. In addition, with nearly 35 percent of full-time college students failing to receive a bachelor’s degree within six years of enrolling in an institution of higher education, the productivity of colleges and universities has also been called into question. Systematic reform of higher education has intensified as a result of the large amount of public and private dollars flowing into it. The chapters in this volume, while recognizing it may be the primary source of the problem, also understand that the political forces behind the subsidization of higher education are unlikely to wane. The contributors examine several areas of possible reform from an economic perspective, including financial aid systems, athletics, and the organization of universities and university systems with an emphasis on identifying the types of reforms that are most likely to result in improvements as well as those that may make things worse. This volume will be of interest to economists, education researchers and policymakers concerned with education reform.

• Athletics
• Bachelor
• College costs
• Universities
• education
• education reform
• educational research
• higher education
• university

• Dept. Economics, Beloit College, Beloit, USA

  Joshua C. Hall

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