Literature Review #4
Akers, Beth, and Manhattan Institute for Policy Research. “A New Approach for Curbing College Tuition Inflation. Report.” Manhattan Institute for Policy Research, Manhattan Institute for Policy Research, 1 Aug. 2020. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=eric&AN=ED608414&site=ehost-live.
Nearly half are over 25 when they first enroll in school. More than one-quar- ter of college students are parents. Almost half (46%) of college students don’t live on campus. The majority (62%) hold jobs while they’re enrolled, with many working full-time (26%). With the added challenge of managing work and parenthood, it’s no surprise that 38% of students are enrolled only part-time.13 (11).
By introducing policies that make the marketplace for higher education more transparent and competitive, the U.S.can curb tuition inflation, or, at the very least, ensure that college students have access to higher-quality educational programming that offers a significant return on investment. (13)
The result of this pricing process is that aspiring stu- dents must make decisions about if and where to enroll based on a limited set of information about the options available to them. This lack of transparency limits the extent to which competition among institutions can put downward pressure on prices. (10)
This materials help explore the causes for why the prices of college have been increasing.
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