My joint paper with Richard Vedder "Public policy, higher education and income inequality in the United States: Have we reach diminishing returns," which was recently published in the journal Social Philosophy & Policy, has been getting some national press. It was recently cited in articles appearing in Newsweek and National Review.
In an essay published by the Manhattan Institute's Minding the Campus, I discuss the costs of regulating higher education. I estimate that colleges spent around $25 billion in 2013-14 to comply with federal regulations. To put this figure in perspective, this amounts to around for every student enrolled and the total cost burden is roughly the size of Vermont's economy.
#Regulations #VanderbiltRegulatoryCompliance #HigherEducationPolicy #CollegeCosts
Assistant Professor of Economics at Patrick Henry College.