Economics of Higher Education Background, Concepts, and Applications
This book examines the many ways in which economic concepts, theories and models can be used to examine issues in higher education. The topics explored in the book include how students make college-going decisions, the payoffs to students and society from
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onomics of Higher Education
Background, Concepts, and Applications
Economics of Higher Education
Robert K. Toutkoushian • Michael B. Paulsen
Economics of Higher Education Background, Concepts, and Applications
Robert K. Toutkoushian Meigs Hall 114 The University of Georgia Athens, Georgia USA
Michael B. Paulsen N491 Lindquist Center The University of Iowa Iowa City, Iowa USA
ISBN 978-94-017-7504-5 ISBN 978-94-017-7506-9 DOI 10.1007/978-94-017-7506-9
(eBook)
Library of Congress Control Number: 2016932304 © Springer Science+Business Media B.V. 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by SpringerNature The registered company is Springer Science+Business Media B.V. Dordrecht.
Acknowledgments
There are many individuals who have contributed to the development of this book over the past few years. We are grateful to our students at the University of Iowa and the University of Georgia on whom we have tested our ideas and drafts of these chapters inside and outside the classroom. Their reactions, feedback, and suggestions for improvements have been invaluable to us. In particular, we owe a debt of gratitude to the following students who have given us detailed feedback on, or assistance with assembling and reviewing literature for, one or more chapters in this book: KC Culver, Jason Lee, and Kelly Ochs Rosinger. We would also like to acknowledge Manuel Gonzalez-Canche´ for his assistance with the discussion of student loans in Chap. 4. We would like to thank Springer Publishing Company for their willingness to support this book and their patience as we revised and restructured the book. We would also like to thank our respective academic departments and universities for their support of the time and effort that we needed to put into writing the book. I (Rob) would like to thank all of the economics professors at Indiana University of Pennsylvania and Indiana University (Bloomington) for helping me t
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