I shall post videos, graphs, news stories, and other material there. We shall use some of this material in class, and you may review the rest at your convenience. You will all receive invitations to post to the blog. (Please let me know if you do not get such an invitation.) I encourage you to use the blog in these ways:
To post questions or comments about the readings before we discuss them in class;
To follow up on class discussions with additional comments or questions.
To post relevant news items or videos.

There are only two major limitations: no coarse language, and no derogatory comments about people at the Claremont Colleges.

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Tuesday, February 14, 2012

Tuition: Material for Our HELP Committee

From Inside Higher Ed (a publication that committee members should skim from time to time):

For-profit colleges that can accept federal financial aid from students charge about 75 percent more in tuition than those that can’t, according to a new study from the National Bureau of Economic Research, which suggests that federal aid might drive up college costs.

While the reasons for higher tuition levels at aid-eligible for-profits are hard to pin down, those colleges “may indeed raise tuition to capture the maximum grant aid available,” wrote Stephanie Riegg Cellini, an assistant professor of public policy and economics at George Washington University, and Claudia Goldin, a professor of economics at Harvard University, the study's authors.

The two economists say their research lends credence to the so-called “Bennett Hypothesis,” a difficult to measure theory attributed to William Bennett, Ronald Reagan’s second education secretary, who alleged that federal financial aid disrupts the higher education marketplace. But unlike Congressional Republicans or Bennett, who have pointed to nonprofit colleges when making that argument to bolster attempts to cut aid programs, the researchers focused on for-profits.

The difference in tuition between the two categories of for-profits “seems to match, pretty well, the size of a Pell Grant,” said Cellini.
Read more: http://www.insidehighered.com/news/2012/02/14/profits-receive-federal-aid-charge-more-study-finds#ixzz1mOh23IRY
Inside Higher Ed

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