Paying the Piper

by McPherson, Michael S.; Schapiro, Morton Owen; Winston, Gordon C.

• ISBN13: 9780472104048
• ISBN10: 0472104047
• Format: Hardcover
• Copyright: 1994-01-01
• Publisher: Univ of Michigan Pr

Summary

Examines the successes and problems of U.S. higher education

Author Biography

Michael S. McPherson is Professor of Economics at Williams College.

Table of Contents

Introduction	p. 3
Trends in Revenues and Expenditures in U.S. Higher Education: Where Does the Money Come From? Where Does It Go?	p. 15
The Concept of Productivity As Applied to U.S. Higher Education	p. 37
The Economics of Cost, Price, and Quality in U.S. Higher Education	p. 69
The Economics of Academic Tenure: A Relational Perspective	p. 109
How Can We Tell if Federal Student Aid Is Working?	p. 135
Federal Student Aid Policy: Can We Learn From Experience?	p. 165
Measuring the Effects of Federal Student Aid: An Assessment of Some Methodological and Empirical Problems	p. 187
Robin Hood in the Forests of Academe	p. 229
The Effect of Government Financing on the Behavior of Colleges and Universities	p. 235
Total College Income: An Economic Overview of Williams College 1956-57 to 1986-87	p. 251
The Necessary Revolution in Financial Accounting	p. 279
Why Are Capital Costs Ignored by Nonprofit Organizations and What Are the Prospects for Change?	p. 305
The Next Frontier in Higher Education Economics	p. 317
Index	p. 321
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