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portada Wealth, Cost, and Price in American Higher Education: A Brief History
Type
Physical Book
Author
With
Publisher
Language
English
Pages
336
Format
Hardcover
Dimensions
23.1x15.2x3 cm
Weight
0.70 kg.
ISBN13
9781421445007
Categories

Wealth, Cost, and Price in American Higher Education: A Brief History

Bruce A. Kimball (Author) · Sarah M. Iler (With) · Johns Hopkins University Press · Hardcover

Wealth, Cost, and Price in American Higher Education: A Brief History - Kimball, Bruce A. ; Iler, Sarah M.

New Book Imported to South Africa
Delivery: 16 Oct - 26 Oct Shipping: 13 to 14 business days.
R 896
R 896

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Synopsis "Wealth, Cost, and Price in American Higher Education: A Brief History"

Colleges and universities are richer than ever--so why has the price of attending them risen so much?As endowments and fundraising campaigns have skyrocketed in recent decades, critics have attacked higher education for steeply increasing its production cost and price and the snowballing debt of students. In Wealth, Cost, and Price in American Higher Education, Bruce A. Kimball and Sarah M. Iler reveal how these trends began 150 years ago and why they have intensified in recent decades.In the late nineteenth century, American colleges and universities began fiercely competing to expand their revenue, wealth, and production cost in order to increase their quality and prestige and serve the soaring number of students. From that era through today, the rising wealth and cost of higher education have continued to reinforce each other and spiral upward, increasing the heavily subsidized price paid by students. Kimball and Iler explain the strategy and reasoning that drove this wealth-cost double helix, the new tactics in fundraising and endowment investing that fueled it, and economists' efforts to understand it.Using extensive archival, documentary, and quantitative research, Kimball and Iler trace the shifting public perception of higher education and its correlation with rising costs, stagnating wages, and explosive student debt. They show how stratification of wealth in higher education became tightly interwoven with wealth inequality in American society. This relationship raises fundamental questions about equity in US higher education and its contribution to social mobility and democracy.

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