The rising cost of higher education isn’t quite so mysterious, at least for the last 10-15 years. The Delta Cost Project has put together some fairly comprehensive data about this. What you see across most categories of post-secondary institutions is that basically *everything* is becoming more expensive, but ‘student ‘life’ and ‘academic support’ are rising fastest, followed by ‘institutional support’. Student life is all of the bells and whistles (athletic centers, movie theaters, etc.) that colleges use to try to entice prospective students into paying huge amounts of money to enroll in their institutions, and I believe it also includes health and mental health services, which I would imagine have become exponentially more expensive over the past couple decades (this is probably unavoidable, because health costs are going up in general and universities are enrolling a far wider range of students with more mental and physical health issues who wouldn’t have gone to college in the past). Academic support includes a mix of stuff that is crucial to the academic mission of a university (libraries, IT systems), stuff that is arguably not part of the core academic mission at all (Dean’s Office personnel, museums), and stuff that is well intentioned but tends to be useless in practice (central offices for teaching and curriculum development). Institutional support is administration proper. Note that these data come from 2003-2013, so they don’t capture the explosion in university administration that is generally agreed to have occurred from roughly the 1970s to 1990s. I’ve never been able to find categorized data that goes back that far, but I imagine the change in spending on administration during that period must have been astronomical. The cost of instruction is still the largest single category of expenditure, and accounts for the majority of absolute price increases, but proportionally it is not rising as fast as these other categories.Some of the Delta Cost Project data is in the tables here; for public research universities above, and public colleges below. Lost more at their site.
Monday, December 5, 2016
An Analysis of Rising College Costs
a thread on Scott Alexander's blog: