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Productivity in Higher Education

Caroline M. Hoxby and Kevin Stange

Abstract

This book advances the frontier of knowledge about productivity in U.S. higher education. This sector directly accounts for 3% of the economy and indirectly affects it in nearly every aspect of society because higher education produces the advanced skills crucial to a highly developed nation. Higher education is perhaps our most important “upstream industry.” Thus, understanding its productivity is essential. It is also urgent because support for it has never been more in doubt. Policymakers, families, philanthropists, and the press are skeptical about whether the benefits of higher education ... More

Keywords: productivity, higher education, investment, earnings outcomes, public benefits, resource allocation

Bibliographic Information

Print publication date: 2019 Print ISBN-13: 9780226574585
Published to Chicago Scholarship Online: September 2020 DOI:10.7208/chicago/9780226574615.001.0001

Authors

Affiliations are at time of print publication.

Caroline M. Hoxby, editor
Stanford University

Kevin Stange, editor
University of Michigan