College Is Worth Saving
Earlier this year, Columbia University was hit with what sophisticated PR types call a double whammy. On the morning of May 7, New York magazine posted “Everyone Is Cheating Their…
Posts tagged with
“inflation”
College Still Has Value, but Let’s Reassess the Price Tag
While there has been much discussion in recent years about whether a college degree is still necessary for success, a new survey has found that most Americans still see the…
Inflation Has Taken a Bite Out of Faculty Compensation
It is no secret that the economy has been rocked by the pandemic. Economic recovery over the last three years has been rocky at best. Inflation has hit four-decade highs,…
Inflation Will Hit Universities Hard
It is indisputable that the U.S. faces the worst inflation in 40 years, an outcome that seemingly no one was predicting a few years ago. The impact on Americans of…
New Study Analyzes the High Cost of College
TANSTAAFL. There Ain’t No Such Thing As A Free Lunch. That’s the pithy way that economists convey the idea that there are always costs associated with the goods and services…
It is possible to control college costs—and I did it
Many college leaders speak as though the upward cost spiral is permanent and unavoidable. From experience, I can say that’s not true.
Tuition increases at American colleges began in earnest in the 1960s and ’70s, when I was a mathematics professor and later dean at C.W. Post College. The first changes driving the increases were the reductions in teaching loads.