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The Road Ahead for America's Colleges and Universities$
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Robert B. Archibald and David H. Feldman

Print publication date: 2017

Print ISBN-13: 9780190251918

Published to Oxford Scholarship Online: July 2017

DOI: 10.1093/acprof:oso/9780190251918.001.0001

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Internal Threat I

Internal Threat I

The Rising Costs of Higher Education

(p.59) 4 Internal Threat I
The Road Ahead for America's Colleges and Universities

Robert B. Archibald

Oxford University Press

Hyperventilated talk about the end of the American university often presumes that soaring list-price tuition means that college cost is out of control. This chapter lays out the history of list-price tuition, net price to students, and revenue to schools. It reviews the broad economic forces that lead college cost to rise faster than the inflation rate. It then contrasts those forces with claims that cost is driven by increasing dysfunction and inefficiency in higher education. These claims that figure so prominently in today’s narrative of sky-high tuition include administrative bloat and amenity competition.

Keywords:   list price, net price, college cost, cost disease, administrative bloat, tenure, room and board, amenity competition

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