Three economists debate the causes of and possible solutions for the high cost of college
By DOUGLAS BELKIN
The Wall Street Journal - October 8, 2013
In the past decade, college tuition has risen three times as fast as the
consumer-price index and twice as fast as medical care.
How can that be—and what can be done about it?
To answer those questions, The Wall Street Journal invited three
economists with distinctly different orientations within higher
education to discuss the issue.
Rudy Fichtenbaum teaches at Wright State University,
Fairborn, Ohio, and is president of the American Association of
University Professors, which promotes academic freedom and shared
governance on college campuses. Katharine Lyall was president of the
University of Wisconsin System from 1992 to 2004. Richard Vedder is
director of the Center for College Affordability and Productivity,
Washington, D.C., which researches cost and efficiency in higher
education.
This conversation was conducted by email between Aug. 28 and Sept. 3. Here are edited excerpts.
To read more....
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