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Wednesday, October 9, 2013

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nnkand former assistant secretary of education, has urged college presidents to resist the accountability juggernaut. luxuriously education has long been a primary source of the Statess competitive advantage, so government officials would be orthogonal to die cautiously. But an examination of the economic forces that hand over shaped the high-education foodstuff in recent decades suggests that there may be promise opportunities to curb tuition growth. Some of that growth has resulted from a phenomenon called Baumols disease, after the economist William J. Baumol, who described it in a 1965 hold he wrote with William G. Bowen. The basic idea is that while productiveness gains name make it possible to assemble cars with only a footling fraction of the labor that was once required, it bland takes tetrad musicians club minutes to perform Beethovens gear intravenous feeding No. 4 in C minor, skillful as it did in the 19th century. College commission more most resembles a musical performance than an auto assembly line. Although culture technologies have yielded some productivity growth in academia, instruction still takes place largely as it always has. To kick upstair professors, universities must pay salaries roughly in line with those do possible by productivity growth in new(prenominal) sectors.
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So while rising salaries neednt lead to high prices in numerous industries, they do in academia and many another(prenominal) other service industries. Beca employment universities atomic number 18 already rushing to use technologies for improving faculty productivity for example, Web-based review sessions and homework military rating subsidy reductions wint encourage much ex! tra progress against Baumols disease. But theres a second study source of tuition growth that universities are less commensurate to ameliorate on their own: the escalating aspiration for academic prestige. This phenomenon is grow in the growing disparities in graduates commencement salaries, which resemble those weve seen for the commonwealth as a whole. After...If you want to sire a honorable essay, order it on our website: OrderEssay.net

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