Economic Challenges in Higher Education (National Bureau of Economic Research Monograph)

This book examines three issues that will have a significant influences on all institutions of higher education in the United States: (1) the growth and composition of undergraduate enrollments; (2) the supply of faculty in the academic labor market; and (3) the skyrocketing cost of operating colleges and universities. Part 1 focuses on the demand for undergraduate education, with five chapters addressing the size and significance of such demand, patterns of enrollment and completion, explanations of demand, financial aid and public policy, and implications of recent enrollment trends. Part 2 focuses on the academic labor supply, with five chapters covering projections of shortages, a stock flow model of academic labor supply, decisions to undertake and complete doctoral study and choices of sector of employment, the demographic distribution of doctorates, and policies regarding the flow of new doctorates. Part 3 focuses on costs and productivity in American colleges and universities, with four chapters exploring cost inflation, expenditures, enrollment, and costs per student over time. (Contains approximately 430 references.) (MDM)

the Last Two Decades Have Been A Turbulent Period For American Higher Education, With Profound Demographic Shifts, Gyrating Salaries, And Marked Changes In The Economy. While Enrollments Rose About 50% In That Period, Sharp Increases In Tuition And Fees At Colleges And Universities Provoke Accusations Of Inefficiency, Even Outright Institutional Greed And Irresponsibility. As The 1990s Progress, Surpluses In The Academic Labor Supply May Give Way To Shortages In Many Fields, But Will There Be Enough New Ph.d.'s To Go Around?

drawing On The Authors' Experience As Economists And Educators, This Book Offers An Accessible Analysis Of Three Crucial Economic Issues: The Growth And Composition Of Undergraduate Enrollments, The Supply Of Faculty In The Academic Labor Market, And The Cost Of Operating Colleges And Universities. The Study Provides Valuable Insights For Administrators And Scholars Of Education.

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drawing Upon The Authors' (clotfelter, Ronald G. Ehrenberg, Malcolm Getz, And John J. Siegfried) Experience As Economists And Educators, This Book Offers An Accessible Analysis Of Three Economic Issues That Will Greatly Influence The Future Of All Institutions Of Higher Learning: The Growth And Composition Of Undergraduate Enrollments, The Supply Of Faculty In The Academic Labor Market, And The Skyrocketing Cost Of Operating Colleges And Universities. Annotation C. Book News, Inc., Portland, Or (booknews.com)