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I've been posting about the various legislative hearings on the higher education portion of Gov. Mark Dayton's budget.

Time and again, the implicit question I hear is: 

Why is college so expensive? Why is the cost of it rising faster than inflation?

. University officials also decry the lack of state spending, which pushes tuition up. Others blame government as well for driving up demand for college by pumping in too much money for cheap student loans.

 economists Robert B. Archibald and David H. Feldman write that such finger-pointing only advances 

 that turns out not to be true -- or at least woefully incomplete.

Instead of looking at the institutions themselves like others have -- and thus ignoring outside factors -- they look at higher education in context. They say higher ed is, predictably, being shaped by economic forces that are hitting other sectors as well.

So what are their two big reasons for the ever-higher prices? 

Other points are raised, but I'll stop here for now.

an interview that Archibald and Feldman had with 

Education News

On Campus Blog

Alex Friedrich

Author

I’ve been posting about the various legislative hearings on the higher education portion of Gov. Mark Dayton’s budget. Time and again, the implicit question I hear is: Why is college so expensive? Why is the cost of it rising faster than inflation? Critics tend to point to bloated administration, luxurious student amenities, and overpaid, underworked…

Why is the price of college so high?

Go Deeper.

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