Public higher education was once America’s great enabler, permitting young people from lower-class backgrounds to attend college for very little money and to rise as far as their abilities and drives would take them. That may no longer be the case, according to economists James Koch and Richard Cebula. In their 2020 book, Runaway College … Continue reading “Why Don’t Governing Boards Rein in College Costs?”
Virginia’s top public universities are largely stratified by socioeconomic status. Consider the following statistics that appear in the new book by James V. Koch and Richard J. Cebula, Runaway College Costs: How College Governing Boards Fail to Protect their Students. At the College of William & Mary only 13.6 percent of the student body comes … Continue reading “The Problem of Higher Ed and Economic Mobility”
There is general agreement among higher education observers and reformers that tuition and fees at public universities have increased at an unsustainable pace. It’s equally uncontroversial to note that financial aid hasn’t kept up with unrelenting tuition increases, leaving students in the lurch. In his new book, “The Impoverishment of the American College Student,” James … Continue reading “How Colleges Have Made Students Poorer and Undereducated”