Doing More with Less: Making Colleges Work Better

289 Pages·2010·6.489 MB·English

by  Richard Vedder (auth.), Joshua C. Hall (eds.)

Doing More with Less
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Joshua C. Hall
Editor
Doing More with Less
Making Colleges Work Better
Editor
Joshua C. Hall
Department of Economics
Beloit College
Beloit, WI 53511, USA
[email protected]
ISBN 978-1-4419-5959-1 e-ISBN 978-1-4419-5960-7
DOI 10.1007/978-1-4419-5960-7
Springer New York Dordrecht Heidelberg London
Library of Congress Control Number: 2010932322
© Springer Science+Business Media, LLC 2010
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Contents
1 Introduction: The American Higher Education Problem ................... 1
Richard Vedder
Part I Evaluating and Debating Causes
2 Financial Aid in Theory and Practice ................................................... 15
Andrew Gillen
3 Price Discrimination and Rising Costs:
Is There Any Relationship? .................................................................... 53
Gregory Randolph
4 Cost Inflation in Intercollegiate Athletics:
And Some Modest Proposals for Controlling It ................................... 71
William Shughart II
5 The Academics–Athletics Trade-Off:
Universities and Intercollegiate Athletics ............................................. 95
Matthew Denhart, Robert Villwock, and Richard Vedder
Part II Is For-Profit Education the Solution?
6 For-Profit Education in the USA: A Primer ......................................... 139
James Coleman and Richard Vedder
7 A Market-Funded College’s Approach to Student Learning
and Job Placement: An Insider’s View .................................................. 165
John Woods
8 The Economics of For-Profit Education................................................ 177
Tyler Cowen and Sam Papenfuss
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Part III Opportunities for Reform
9 Getting It Right: Where University Systems Lose
Information in Designing Programs ...................................................... 197
Justin M. Ross
10 Managing the Internal Organization of Colleges and Universities .... 217
Matthew Holian and Justin M. Ross
11 Privatize It: Outsourcing and Privatization in Higher Education ..... 235
Carrie B. Kerekes
12 Improving Higher Education Using the Principles
of Market-Based Management .............................................................. 249
Gavin Romm and Edward Stringham
13 A Tale of Two Partners: How Specialization
and Division of Labor Are Reshaping the Academy ............................ 267
G. Dirk Mateer
About the Author............................................................................................. 281
Index ................................................................................................................. 285
Acknowledgments
I am grateful to Richard Vedder and the Center for College Affordability and
Productivity for initiating and supporting this project. In addition, I would like to
thank the Social Philosophy and Policy Center at Bowling Green State University
for the support of its Visiting Scholar program during the summer of 2009. The
uninterrupted research time provided by Jeff Paul and Fred Miller was invaluable.
Lastly, I would like to dedicate this volume to Sabrina Hall, my wife and best
friend. Without her love and support, nothing I do would be possible.
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About the Editor
Joshua Hall is an Assistant Professor in the Department of Economics and
Management at Beloit College. He earned his bachelor and master degrees in eco-
nomics from Ohio University and his Ph.D. from West Virginia University.
Formerly an economist for the Joint Economic Committee of the U.S. Congress, he
has published over 90 professional journal articles, policy studies, book chapters,
encyclopedia entries, and book reviews. Professor Hall’s research has appeared in
journals such as the American Journal of Economics and Sociology, Atlantic
Economic Journal, Cato Journal, Journal of Economic Education, Journal of
Labor Research, and Southern Economic Journal.
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