Costs

American colleges and universities spend billions of dollars a year from state, federal, and private sources. The following articles identify ways to cut costs and ensure that public investment in higher education provides value to students, taxpayers, and society.

Nov 21, 2014 ·

Does North Carolina sufficiently support its public universities?

A new report from the Center for American Progress alleges that the “Great Recession” that began in 2008 devastated public university investments nationwide. Specifically, it says that over a five-year period, tuition has skyrocketed, states have withdrawn public investment, and low-income families have been pushed out of higher education.

Nov 19, 2014 ·

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.

Nov 12, 2014 ·

How did we get into the Student Loan Mess?

For all of the words devoted to our student loan mess (or "crisis" or "bubble"), little has been written on its origins. We know that student loan debt now exceeds $1 trillion and that many young Americans are struggling with a heavy burden, but how things got that way is largely a mystery.