Education work(Answer Questions)

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CostofHigherEducation11.13.pptx

Private, Personal Benefits/Risks of Going to College

Unit 3

Week of November 13

1

July 17, 2015

education.temple.edu

Outcomes for Today

Review Wednesday’s In-Class Activity

Review the Anatomy of College Tuition.

Activity for Education Pays article.

July 17, 2015

education.temple.edu

2

Unit 3

College Access and Affordability

In-Class Activity

Part 1

In groups, describe 3-4 issues or challenges that threaten access to and equity in higher education. Support and illustrate your response with examples class discussion, course readings, or relevant news stories. (If you are using news stories not discussed in class, please be sure to cite these).

Part 2

Think through solutions for these 3-4 challenges. Assume you have access to all of the means you need to make these solutions work. Please note the key players involved to making your solutions come to fruition (e.g. stakeholders, funding sources, programs, etc.).

Unit 3

Anatomy of College Tuition

THINK~PAIR~SHARE

What do you think are some factors that contribute to the rising cost of higher education?

The Anatomy of College Tuition

What does it cost to provide higher education?

Heavily subsidized activity.

Endowment and private giving.

Discount tuition for some students.

The Anatomy of College Tuition

The Anatomy of College Tuition

The story of rising college cost is part of the larger story of technological change that has reshaped the American economy over the last century.

Tripod:

Cost Disease

Cost of Employing Highly Educated Service Providers.

The Standard of Care

The Anatomy of College Tuition

Cost disease - what do we mean by this?

Higher education relies on a highly educated work force.

Standard of care - new technologies alter what we teach and how we teach it.

The Anatomy of College Tuition

Alternative View:

Prestige

Students

Faculty and Administration

The Anatomy of College Tuition

The role of subsidies.

The amount of the subsidy and its sources are changing and this has had a profound effect on what colleges charge.

Since 1980, the states have gradually reduced their support of higher education.

Families have borne an increasing fraction of a rising tuition bill.

The Anatomy of College Tuition

Tuition Discounting

List price in catalogues isn’t what students actually pay.

If schools did not offer discounts, list price could be lower.

Why is it important to offer discounts?

Growing use of discounting is part of the rising price in tuition in recent years.

The Anatomy of College Tuition

The Anatomy of College Tuition

Recap

Maintaining and improving access to high quality programming is a desirable goal.

Affordability is a problem for many families who are not poor.

Cost containment in higher education requires meaningful productivity improvements that maintain or improve educational outcomes.

Education Pays

Should Everyone Go to College

In-Class Activity

Work in groups of 2-3

Will review answers as a large group.

Next Steps

July 17, 2015

education.temple.edu

18

Next Steps:

Readings for Wednesday.

Class on November 17

Fall break November 20-24

Questions?

July 17, 2015

education.temple.edu

19

20

July 17, 2015

education.temple.edu