Productivity in Higher Education.

Productivity in Higher Education

Caroline M. Hoxby and Kevin Stange, editors

How do the benefits of higher education compare with its costs, and how does this comparison vary across individuals and institutions? These questions are fundamental to quantifying the productivity of the education sector. Productivity in Higher Education uses rich and novel administrative data, modern econometric methods, and deep institutional understanding to explore productivity issues in the education sector. The authors examine the returns to undergraduate education, differences in costs by major, the productivity of for-profit schools, the productivity of various types of faculty, the effects of online education on the higher education market, and the ways in which the productivity of different institutions responds to market forces. The analyses recognize five key challenges to assessing...