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Return to the Top: The Role of Increasing College Productivity in America's Quest for Global Leadership in Degree Attainment
As America's supply of skilled workers falls behind demand, the country is losing its long-held advantage over competing nations. Many leaders -- most notably President Obama -- have made it a national priority to return ...
The (Un)Productivity of American Colleges: From "Cost Disease" to Cost-Effectiveness
We show that the productivity of American colleges and universities in terms of degree production is plummeting. This is partly due to rising costs that economists typically attribute to Baumol's well known "cost disease," ...