Download Tuition Rising: Why College Costs So Much, With a new preface

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Tuition Rising: Why College Costs So Much, With a new preface

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Review

Ron Ehrenberg's comprehensive and important analysis of rising college costs is based on both his professional expertise as an economist and his practical experience as a member of the central administration at one university: Cornell. With insight, candor, and rigor he examines the arms race' among selective universities, reviewing the role of each of the major participants-trustees, presidents, deans, faculty, local, state and federal governments, and, not least, tuitionpaying students-in ratcheting up the level of tuition. Pointing to the fate of hospitals and medical centers, he cautions that self-regulation and institutional restraint are needed to prevent loss of public confidence and possible federal regulation. This book deserves widespread attention, both within the academic community and beyond it. (Frank Rhodes, former President, Cornell University)Balanced, sensible, and informed, Tuition Rising is a valuable addition to the literature on higher education. Giving the reader a lot of very useful empirical analysis, Ehrenberg demonstrates the value of being an economist. Anyone about to become a college administrator will want to read this book with great care. (Henry Rosovsky, former Dean of the Faculty of Arts and Sciences at Harvard University, and author of The University: An Owner's Manual)Ehrenberg demonstrates in convincing detail that private universities do not easily make economically efficient choices. The culprits are variously loose budget constraints, relatively little hierarchical authority, decentralized units that do not share the universities' goals, poor institutional design, poor public policies, political vulnerability, and the pious blindness of faculty. Tuition Rising is interesting, well-argued, and provocative. It ought to he required reading for presidents, provosts, and trustees of elite private research universities. (Michael Rothschild, Dean, Woodrow Wilson School of Public and International Affairs, Princeton University)What makes Tuition Rising so valuable and so much fun is its combination of facts, analysis, and administrative war stories. So, for instance, the importance to a college of national rankings, like US News's, is supported by careful econometric analysis (kept in the background, as are all technical jargon and argument), put under a microscope to understand the reasons for their often-quirky rankings, and then followed into Cornell's business school to see how "managing to the rankings"--the collegiate version of "teaching to the test"--can make sensible university-wide administration very difficult. (Gordon Winston, Professor of Economics, Williams College)Economists are sometimes accused of possessing "an irrational passion for dispassionate rationality." This book describes what a first-rate economist learned in trying to introduce greater rationality to the decision-making of a great university, a place that emerges as passionate and ambitious, but markedly reluctant to make hard choices. The account is sobering, illuminating, and immensely entertaining. Both those who love universities and those who love rationality will enjoy this book. (Michael McPherson, President, Macalester College)In Tuition Rising: Why College Costs So Much, Ronald Ehrenberg provides a concise and compelling explanation of the influence of academic governance processes on rising university expenditures and tuition chargesÂ… His book is a rare and insightful primer on the intersection of governance and finance. (Edward P. St. John Academe 2003-09-01)

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About the Author

Ronald G. Ehrenberg is Irving M. Ives Professor of Industrial and Labor Relations and Economics at Cornell University and Director of the Cornell Higher Education Research Institute.

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Product details

Paperback: 336 pages

Publisher: Harvard University Press; Revised edition (October 30, 2002)

Language: English

ISBN-10: 0674009886

ISBN-13: 978-0674009882

Product Dimensions:

6.2 x 0.8 x 9.2 inches

Shipping Weight: 1.1 pounds (View shipping rates and policies)

Average Customer Review:

5.0 out of 5 stars

5 customer reviews

Amazon Best Sellers Rank:

#608,324 in Books (See Top 100 in Books)

Ronald Ehrenberg builds his analysis on his considerable experience as an economist and a senior administrator working in finance at Cornell University. He successfully manages to link his own practical experience in one school with larger issues facing higher education in general.The title is a little misleading: The book is not only about tuition but about every source of revenue and every expense that a university or college faces. Ehrenberg thus presents a complex analysis, though in terms that any attentive reader can understand. This is no small achievement. The anecdotes of his experiences at Cornell really make this book fascinating to read, but do not rob it of its general applicability.I've worked at an institution of higher education not that much different from Cornell for more than 20 years, and I learned a lot from reading this book. I'd like to give it to every member of the faculty and staff at my school so that they would understand better the constraints under which we all operate -- and have a healthier sense too of the challenges to come. Legislators and parents (and students too) ought to learn from it. It is going to take more than one constituency working together to fix the problem he describes.Unlike another reviewer here, I did not see this book at all as an attempt to justify high college expenses but to explain them. Ehrenberg is very clear that many factors are to blame: from federal policies on financial aid and the reimbursement of indirect research expenses to recalcitrant faculty members who lack the will to cut anything from their budgets, from the increasingly popular college ratings game to local activists who distrust any activity the nonprofit-in-their midst undertakes. He even occasionally includes himself among the culprits. He writes about everything from the problematic combination of voluntary retirement and lifelong tenure to misconceptions about the cost of Title IX. The chapter on parking is alone worth the price of the book. Who knew how much a parking space costs to maintain each year? Read the book, and you will find out.One myth that this book should explode is that universities are not competitive. Ehrenberg points out, accurately, that universities and colleges are in a kind of "arms race" for prestige and for the best students and faculty. There is not a sufficient brake of price pressure to rein in the increasing costs that this race involves. The price of a college education is also not well understood because of the effect of financial aid, and education is one of those sectors of the economy that is less able than others to take advantage of productivity gains. It will be interesting to see what comes in the years ahead as the pressure to reduce expenses in higher education grows. This book is an excellent place to start in understanding this challenge.In looking toward the future, I do have one small criticism. This book was first published in 2000; it was revised and a new preface added in 2002. But most of the evidence and discussion is based on research from the 1990s. College finances are constantly changing, so there are some parts of the analysis that are dated. For example, US News and World Report has already altered some of the criteria that Ehrenberg criticizes here (e.g., the report of yield rates), so his analysis of the effects of the ratings is a little out of date. There are, I'm sure, other examples. I wish that he would revise it again, but perhaps that would be asking for a different book.

Great book and author. Easy to read. Useful for everyone who is interested in higher education system. Provides general understanding and a lot of insight facts.

Ehrenberg's insight is amazing and the book is full of important and interesting information. As a parent of a college student, I found the book to be very helpful in explaining why tuition continues to increase at an incredible rate, why college administrators make the decisions they do and how tuition relates (or doesn't) to the quality of higher education. It is a wonderful resource for parents, students and educators, anyone who is interested in higher education. Kudos to Ehrenberg on a job well done!

Excellent insight into the ever rising costs of college. It explains why colleges can keep upping their fees and does so in a manner that is easily understandable. I recommend it for anyone interested in Higher Education.

This is both a scholarly and personal account of the much-discussed rise in college costs. The author is an economist, one of whose specialties is higher education. He has served as a senior administrator and (for a considerable period) faculty member at Cornell. Hence, his general observations and conclusions are complemented by more detailed accounts of the procedures in place at his home institution.This is a useful way of proceeding, for universities are not anxious to share the specific details of their budgets and do not often explain the private negotiations (or maneuvers) that serve as the backdrop for their public actions.The book is conservative in the sense that it is largely accepting of `the way things are', though it offers suggestions for efficiencies or more rational ways of proceeding at the margins. The principal cause of the rise in college costs is the academic `arms race' in which the top universities compete with one another for the best faculty, the best students, the best programs and the best facilities. That competition drives up costs. It is aided by certain forms of federal support, by plentiful endowments, dramatic developments in information technology, increased student applications and conscious policies (need-blind admissions, e.g.). The federal government is a player here, of course, with increased regulation, reduced coverage of indirect costs, Title IX and the prohibition of fixed retirement ages.If one wants a general account of what has transpired since the early 70's, with some interesting details with regard to Cornell, this is a fine book. The author is aware, of course, that he is only describing a tiny subset of U.S. higher education, but it is that subset which often draws the most attention.He does not address sensitive political issues and he does not address the common elements (which contribute to the rise of costs) across the spectrum of private institutions (though he does give some attention to public education, particularly those elements of public education which offer competition to the upper tier of institutions). There are many, many things which exist on college campuses which did not exist there in the 1950's or 1960's. Are they necessary? If not necessary, should they be high priorities? Would students/parents opt for them if given a choice?There is virtually nothing on for-profit higher education, which avoids many of the costs that campuses incur. Is the difference in `experience' provided by traditional campuses worth the price? Is there some hybrid model that we should be considering?

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Tuition Rising: Why College Costs So Much, With a new preface PDF

Tuition Rising: Why College Costs So Much, With a new preface PDF

Tuition Rising: Why College Costs So Much, With a new preface PDF