Why Does College Cost So Much?, by Robert B. Archibald and David
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Why Does College Cost So Much?, by Robert B. Archibald and David H. Feldman Hardcover: 304 pages Publisher: Oxford University Press, USA; First Edition edition (November 17, 2010) Language: English ISBN-10: 0199744505 ISBN-13: 978-0199744503 The title is a question that seems to get more attention every year. The authors are good about not pointing fingers but instead talking about how America’s labor market affects the cost of college. My view is that as long as there’s a scarcity of college graduates, a college degree will be quite valuable. So people will pay more to get one. And if they will pay more, then colleges and universities—whose labor is provided mostly by people who paid a lot for their own degrees—can ask for more. Until you get an excess supply of graduates, then you don’t really get any price competition.
  • Item #: 0199744505

Why Does College Cost So Much?, by Robert B. Archibald and David

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