ELP 507 Financing Higher Education

The purpose of this course is to provide an overview of the financing of postsecondary education in the US. The course begins with a brief introduction to economic theory and concepts pertinent to the study of higher education finance.

We seek to answer two key questions in the context of this course:

  1. Why does college cost so much? and
  2. What can we do to make college affordable for students?

In an effort to answer both of these questions, we begin by examining the economic and social benefits that accrue to individuals and then discuss how students and institutions are subsidized and how those subsidies affect affordability.

During the final portion of the class, we consider in greater depth, key issues institutions face as they attempt to control the rising costs of college.

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