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Chapter:
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Source:
Education, Skills, and Technical Change
Author(s):
Sandy Baum
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226567945.003.0016

Gordon and Hedlund have developed a detailed model to shed light on the important question of why college prices rose so rapidly between 1987 and 2010. They appropriately focus on net tuition revenues of institutions, rather than on the sticker prices they charge. They consider both the demand and supply sides of the market....

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