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英文资料翻译
1
Rigging the Price for Higher Education
John S. Barry
There is no question that the cost of a college degree is increasing rapidly. An oft-cited
1996
study
by
the
General
Accounting
Office
found
that
tuition
and
fees
at
public
institutions
have
increased
some
234
percent
since
1980
while
family
income
and
the
general inflation rate have increased only about 80 percent over the same period.Costs at
private college and universities have fared little better, increasing more than 220 percent.
Many reasons have been given for the increasing costs of higher edition. Some of the
most persuasive include the increased demand for colleges degrees, higher overhead costs
associated
with
increased
faculty
research,
rcent
reductions
in
state
support
of
public
institutions,and federal student aid programs that indirectly
subsidize schools. These all
are
important
factors
that
increase
costs;
however,
there
is
another
reason
not.
often
mentioned.
Colleges
and
universities,
particularly
elite
private
universities
exercise
a
certain degree of monopoly power that allows them to charge each individual student a
higher price than would be the case otherwise.
This article addresses each of the reasons for increased costs. However, the emphasis is
placed on the last one, the monopolistic power of schools.
The Reasons for Increasing Costs
Increased value
of
a
college
degree.
The most
important
reason
college
costs have
escalated is that the value of a college education has increased. In fact, according to the