College in the United States is expensive, really expensive. A 120 credit undergraduate degree costs at least $200,000 at many private elite universities (like NYU) – plus all sorts of miscellaneous fees, lodging and food charges, books and more. Why does it cost so much? Is it
COURSE DESCRIPTION College in the United States is expensive, really expensive. A 120 credit undergraduate degree costs at least $200,000 at many private elite universities (like NYU) – plus all sorts of miscellaneous fees, lodging and food charges, books and more. Why does it cost so much? Is it a good deal? Why do so many high school students apply to study at such expensive institutions when there are cheaper alternatives available? Who is able to attend and who is excluded? Why does college tuition keep rising so fast? Shouldn’t college be free? The purpose of this course is to provide answers to these kinds of questions. It will introduce students to a range of economic concepts and empirical evidence that speaks to: the value of higher education for individuals and for societies; federal, state, and institutional financial aid policies; university budgets and spending priorities. We will consider individual student, institutional and societal perspectives. Upon successful completion of the […]