Inflation Will Hit Universities Hard

It is indisputable that the U.S. faces the worst inflation in 40 years, an outcome that seemingly no one was predicting a few years ago. The impact on Americans of rapid, unanticipated price increases varies. Retired citizens living on interest income from bonds and fixed pensions are badly hurt, for example, while some others, including … Continue reading “Inflation Will Hit Universities Hard”


New Study Analyzes the High Cost of College

TANSTAAFL. There Ain’t No Such Thing As A Free Lunch. That’s the pithy way that economists convey the idea that there are always costs associated with the goods and services we consume. Some resources, if only our time, had to be expended so we could enjoy them. Despite foolish talk from politicians about giving us … Continue reading “New Study Analyzes the High Cost of College”


It is possible to control college costs—and I did it

Many college leaders speak as though the upward cost spiral is permanent and unavoidable. From experience, I can say that’s not true.

Tuition increases at American colleges began in earnest in the 1960s and ’70s, when I was a mathematics professor and later dean at C.W. Post College. The first changes driving the increases were the reductions in teaching loads.