New Reports Explain How to Rein in College Costs

Article Highlights

  • New Reports Explain How to Rein in College Costs via @AEIEducation.

    Tweet This

“The fiscal crisis has brought American higher education to a watershed moment.” –Andrew P. Kelly, Research Fellow, AEI

FOR IMMEDIATE RELEASE, April 11, 2013

State budget cuts have led to significant tuition increases, and student loan debt now exceeds the debt attached to credit cards. In response, policymakers have focused on helping debt-laden students pay off their loans, and shaming colleges with high tuition prices. But these policy fixes are temporary remedies that ignore the root cause of student debt: growth in the cost of college.

After decades of maintaining affordability by investing increasing amounts in student financial aid, even President Obama has admitted that student aid investments cannot keep pace with rising tuition prices. This reality has focused the national debate on how to contain the cost of delivering a college education.

To shed light on this question, AEI’s Andrew P. Kelly is proud to release three new pieces of research that offer concrete, near-term steps that policymakers and leaders can take to reel in college costs.

  1. In “Addressing the Declining Productivity in Higher Education Using Cost-Effectiveness Analysis” Douglas N. Harris provides a framework that can help college leaders determine which policies and practices provide the most bang for our higher education bucks. 
  2. In “Initiatives for Containing the Cost of Higher Education,” William F. Massy offers a comprehensive reform agenda for policymakers interested in cost containment.
  3. In “Public Policies, Prices, and Productivity in American Higher Education,” Arthur M. Hauptman examines the impact of federal and state policies on the escalating costs and diminishing productivity of higher education, and offers a series of suggestions for federal and state policy reforms.


Douglas N. Harris is the associate professor of economics and university endowed chair in public education at Tulane University. William F. Massy is professor emeritus and former vice president for business and finance at Stanford University. Arthur M. Hauptman is a leading higher education observer and public policy consultant. Andrew P. Kelly is a research fellow in education at AEI. They can be reached through Lauren Aronson at [email protected] or 202.862.5904.

Contact [email protected] (202.862.5829) to set up an interview.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Andrew P.
Kelly

What's new on AEI

AEI Election Watch 2014: What will happen and why it matters
image A nation divided by marriage
image Teaching reform
image Socialist party pushing $20 minimum wage defends $13-an-hour job listing
AEI on Facebook
Events Calendar
  • 27
    MON
  • 28
    TUE
  • 29
    WED
  • 30
    THU
  • 31
    FRI
Monday, October 27, 2014 | 10:00 a.m. – 11:30 a.m.
State income taxes and the Supreme Court: Maryland Comptroller v. Wynne

Please join AEI for a panel discussion exploring these and other questions about this crucial case.

Tuesday, October 28, 2014 | 9:30 a.m. – 12:15 p.m.
For richer, for poorer: How family structures economic success in America

Join Lerman, Wilcox, and a group of distinguished scholars and commentators for the release of Lerman and Wilcox’s report, which examines the relationships among and policy implications of marriage, family structure, and economic success in America.

Tuesday, October 28, 2014 | 5:30 p.m. – 7:00 p.m.
The 7 deadly virtues: 18 conservative writers on why the virtuous life is funny as hell

Please join AEI for a book forum moderated by Last and featuring five of these leading conservative voices. By the time the forum is over, attendees may be on their way to discovering an entirely different — and better — moral universe.

Thursday, October 30, 2014 | 2:00 p.m. – 3:00 p.m.
A nuclear deal with Iran? Weighing the possibilities

Join us, as experts discuss their predictions for whether the United States will strike a nuclear deal with Iran ahead of the November 24 deadline, and the repercussions of the possible outcomes.

Thursday, October 30, 2014 | 5:00 p.m. – 6:15 p.m.
The forgotten depression — 1921: The crash that cured itself

Please join Author James Grant and AEI senior economists for a discussion about Grant's book, "The Forgotten Depression: 1921: The Crash That Cured Itself" (Simon & Schuster, 2014).

No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.