European University Institute Library

A problem of fit, how the complexity of college pricing hurts students--and universities, Phillip B. Levine

Label
A problem of fit, how the complexity of college pricing hurts students--and universities, Phillip B. Levine
Language
eng
Bibliography note
Includes bibliographical references and index
Index
index present
Literary Form
non fiction
Main title
A problem of fit
Nature of contents
bibliography
Oclc number
1268114510
Responsibility statement
Phillip B. Levine
Sub title
how the complexity of college pricing hurts students--and universities
Summary
"A college education doesn't come with a sticker price. Maybe it should. Millions of Americans miss out on the economic benefits of a college education because of concerns around the costs. Financial aid systems offer limited help and produce uneven distributions. In the United States today, the systems meant to improve access to education have added a new layer of deterrence. In Mismatch, economist Philip B. Levine examines the role of financial aid systems in facilitating (and discouraging) access to college. If markets require prices in order to function optimally, then the American higher-education system--rife as it is with hidden and variable costs--amounts to a market failure. It's a problem of price transparency, not just affordability. Ensuring that students understand exactly what college will cost, including financial aid, could lift the lid on not only college attendance for more people, but for greater representation across demographics and institutions. As Levine illustrates, our conversations around affordability and free tuition miss a larger truth: that the opacity of our current college-financing systems is a primary driver of inequities in education and society. Mismatch offers a bold, trenchant new argument for an educational reform that is well within reach"--, Provided by publisher
Table Of Contents
Introduction -- The institution of financial aid -- an Econ 101 view of college pricing and financial aid -- The real cost of college and its worth -- Pricing transparency -- Addressing affordability -- Fixing the pricing system in higher education -- Other barriers to college access -- Conclusion
resource.variantTitle
How the complexity of college pricing hurts students--and universities
Content
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