The challenging economics of higher education
September 24, 2013
Guests: Jon Marcus and Marian Wang
Despite rising tuition costs, some financial analysts predict that institutions of higher learning could be headed for real trouble. Increasingly, the operating costs of both large and small universities and colleges are increasing while revenues decline. We’ll start off the hour talking about the financial health of the nation’s higher education system, why college is so expensive for students and what can be done to control costs with education writer JON MARCUS. Then, a new report from ProPublica outlines how public colleges are making less financial aid available to the poorest students in an effort to raise revenues and reputations. Reporter MARIAN WANG joins us to provide the details.