EducationGeneral Economics

Why Is College so Expensive?

Education is becoming more expensive, but not because of government subsidies, not because of the growth of administration, not because of an amenities arms race. The reason is wages. People are expensive and have become more so over time, in relative terms. This is William…
September 15, 2020
EducationGeneral Economics

Should Colleges Merge?

This is part of a series on the economics of higher education in tough financial times. The other posts in this series, so far, are:Higher Education and Covid-19Why Emergency Cost Cutting in Higher Ed is So DamagingWhy Colleges will not be Replaced By Online Education…