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Economic Challenges in Higher Education
by Charles T. Clotfelter, Ronald G. Ehrenberg, Malcolm Getz and John J. Siegfried
University of Chicago Press, 1991
Cloth: 978-0-226-11050-9 | eISBN: 978-0-226-11062-2
Library of Congress Classification LC67.62.E25 1991
Dewey Decimal Classification 338.4737873

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ABOUT THIS BOOK
The last two decades have been a turbulent period for American higher education, with profound demographic shifts, gyrating salaries, and marked changes in the economy. While enrollments rose about 50% in that period, sharp increases in tuition and fees at colleges and universities provoke accusations of inefficiency, even outright institutional greed and irresponsibility. As the 1990s progress, surpluses in the academic labor supply may give way to shortages in many fields, but will there be enough new Ph.D.'s to go around?

Drawing on the authors' experience as economists and educators, this book offers an accessible analysis of three crucial economic issues: the growth and composition of undergraduate enrollments, the supply of faculty in the academic labor market, and the cost of operating colleges and universities. The study provides valuable insights for administrators and scholars of education.

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