{"product_id":"tuition-rising-why-college-costs-so-much","title":"Tuition Rising: Why College Costs So Much","description":"\u003cp\u003eAmericas elite colleges and universities are the best in the world. They are also the most expensive  with tuition rising faster than the rate of inflation over the past thirty years and no indication that this trend will abate. Ronald G. Ehrenberg explores the causes of this tuition inflation  drawing on his many years as a teacher and researcher of the economics of higher education and as a senior administrator at Cornell University. Using incidents and examples from his own experience  he discusses a wide range of topics  including endowment policies  admissions and financial aid policies  the funding of research  tenure and the end of mandatory retirement  information technology  libraries and distance learning  student housing  and intercollegiate athletics. He shows that elite colleges and universities  having multiple  relatively independent constituencies  suffer from ineffective central control of their costs. And in a fascinating analysis of their response to the ratings published by magazines such as U.S. News \u0026amp; World Report  he shows how they engage in a dysfunctional competition for students. In the short run  these colleges and universities have little need to worry about rising tuition  since the number of qualified students applying for entrance is rising even faster. But in the long run  it is not at all clear that the increases can be sustained.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44966113083445,"sku":"ByrdShop_0674003284","price":59.26,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780674003286.jpg?v=1770554294","url":"https:\/\/atxbooks.com\/products\/tuition-rising-why-college-costs-so-much","provider":"ATX Books","version":"1.0","type":"link"}