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Pub Date: |
2003-00-00 |
Pub Type(s): |
Opinion Papers; Reports - Descriptive |
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Descriptors:
Cost Containment; Economic Factors; Higher Education; Inflation (Economics); Student Costs; Tuition
Abstract:
The U.S. higher education system is on crisis. Decades of uncontrolled cost increases are pushing the dream of a college education out of reach of needy students. The crisis requires a dramatic solution. This report does not provide solution to the cost crisis nor suggest easy answers to improve the affordability of postsecondary education, but it does explore the college cost crisis, its origins and continued causes, and it begins a dialogue that seeks to find real solutions to the crisis of college cost in the United States. Tuition increases are outpacing the rate of inflation, increases in family income, and increases in financial aid. These cost increases are pricing students and families out of the college market. Tuition increases have outpaced inflation year after year. U.S. citizens, losing patience with higher education Sticker shock, believe that institutions of higher education are not accountable enough to the consumers of higher education. They believe that wasteful spending by college and university management is the number one reason for skyrocketing college costs. The amount of information available to consumers about tuition increases is inadequate, inhibiting the ability of consumers to comparison shop and hold institutions accountable for tuition hikes. While significant tuition increases are the norm, they are not unavoidable. Some colleges have managed to hold tuition increases to a manageable level, or even to reduce tuition. This provides concrete examples that college costs do not have to increase at such a rapid pace. (SLD)
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Pub Date: |
2002-10-23 |
Pub Type(s): |
Collected Works - Proceedings |
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Descriptors:
Adults; Biomedicine; Economic Impact; Economic Progress; Economics; Employer Employee Relationship; Employment Patterns; Futures (of Society); Inflation (Economics); Information Technology; Innovation; Motivation; Occupational Safety and Health; Organizational Development; Productivity; Quality of Life; Technological Advancement; Unemployment; Work Attitudes; Work Environment
Abstract:
This publication presents the text from the Productivity Conference that focused on productivity growth--its driving forces, impact, and future. "Introduction" (Elaine L. Chao) covers topics of the three panels. Panel 1, "Is There a Productivity Miracle?" (Kevin Hassett, moderator) examines whether recent productivity gains can be characterized as miracles, and, if so, what caused them and what impact they had on the economy. Kathleen Utgoff gives a summary of how the Bureau of Labor Statistics measures productivity. R. Glenn Hubbard discusses factors leading to more rapid growth of total factor productivity. Steve Oliner presents an optimistic view of future productivity growth. Frank Lichtenberg talks about biomedical innovation and productivity growth. Panel 2, "Productivity and Jobs" (Ben J. Wattenberg, moderator) begins with Martin Baily's comments on acceleration of productivity growth. Jared Bernstein covers the relationship between growth and unemployment and the unemployment rate associated with stable inflation. Edmund Phelps discusses whether the natural rate of unemployment is pulled down by faster productivity growth. Dick Davidson covers these two drivers of productivity improvement: technology and adoption of quality principles and processes. Marilyn Carlson Nelson proposes that productivity improvements are due to a more highly motivated and empowered workforce. Alan Greenspan's address focuses on a significant step up in productivity growth despite difficult adjustments the economy has been undergoing. Panel 3, "The Future of Productivity" (James K. Glassman, moderator) discusses prospects for productivity growth and productivity's impact on worker safety. J.T. Battenberg III proposes that improving health and safety metrics improves productivity and quality. Greg Bentley emphasizes that information technology's productivity contributions are constant and sustainable. Phillip Bond believes the future of productivity hinges on the speed to adopt new technologies. Henrietta Holsman Fore addresses the importance of quality of life for employees. George Halvorson covers productivity in American healthcare. Elaine L. Chao makes closing remarks. (YLB)
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Pub Date: |
2002-12-00 |
Pub Type(s): |
Collected Works - Serials; Opinion Papers |
Peer Reviewed: |
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Descriptors:
Cooperation; Higher Education; Inflation (Economics); Paying for College; State Aid; Student Costs; Tuition
Abstract:
For 3 decades, colleges and universities have consistently increased tuition faster than the rate of inflation. Higher education leaders and public officials have been codependent agents in a process that has transformed practices without redefining policy. It has become increasingly clear that educational performance in the public interest and institutional performance are not identical. In seeking expanded sources of revenue for new opportunities, universities and colleges have helped shift a greater share of the cost of higher education to students and their families, effectively raising the barriers of affordability for many. Those who have public responsibility, usually lack an agree-on agenda, and pursue a variety of maintenance agendas that accord the greatest funding to institutions and students who are the most advantaged. Changing institutional behavior falls within the realm of possibility if a state can establish one or two strong priorities that serve to focus the resources and energies of higher education institutions and other stakeholders. Collaboration between higher education leaders and public officials is key to advancing a state's public purposes. (SLD)
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Pub Date: |
2002-00-00 |
Pub Type(s): |
Legal/Legislative/Regulatory Materials |
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Descriptors:
College Students; Fees; Higher Education; Inflation (Economics); Paying for College; Student Costs; Tuition
Abstract:
A hearing was held to hear testimony on the rising costs of postsecondary education. Since the early 1980s, tuition and fees of postsecondary institutions have outpaced increases in the rate of inflation and family incomes. Every year, these cost hikes have been two to three times the rate of inflation, and the hearing was intended to explore issues associated with the costs of higher education. Following opening statements by Representative John A. Boehner and Representative George Miller, testimony was heard from these witnesses: (1) Robert A. Corrigan, president, San Francisco State University; (2) C. D. Mote, Jr., president, University of Maryland; and (3) Gordon Winston, professor of economics, Williams College. The written statements of these and other representatives and educators are presented in nine appendixes. (SLD)
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