Understanding the Cost of Public Education
Understanding the Costs of Public Higher Education by Peter McPherson and David Shulenburger
"In the case of higher education costs, diametrically opposed views have persisted over time. Why?"
Paul T. Brinkman and Anthony W. Morgan. 2010. Financial Planning: Strategies and Lessons Learned. Planning for Higher Education. 38(3): 5–14.
This article is part of a themed issue of SCUP's journal, Planning for Higher Education, focusing on Issues in Higher Education Finance. Click, above, on the journal image to go to this issue's full table of contents or on the article title to go to this specific article.
Abstract - "This article explains the cost of education in public research universities. 'Price,' meaning 'tuition,' is often incorrectly substituted for 'cost,' meaning expenditures by the university that make the education possible. University cost is disaggregated to enable readers to distinguish between the costs associated with providing education to students and the costs of other non-educational activities that tend to produce their own revenue. While tuition has increased rapidly, real cost per student for providing education has been roughly constant for nearly 20 years. Increased revenue from tuition has been almost precisely offset by reduced revenue from state appropriations."
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Labels: PHE, mcpherson, shulenburger, cost, price, tuition, resource and budget planning, affordability, Finance, Policy, Access
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