A problem of fit : how the complexity of college pricing hurts students--and universities (Book, 2022) [WorldCat.org]
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A problem of fit : how the complexity of college pricing hurts students--and universities

Author: Phillip B Levine
Publisher: Chicago ; London : The University of Chicago Press, 2022.
Edition/Format:   Print book : English
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  Read more...
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Document Type: Book
All Authors / Contributors: Phillip B Levine
ISBN: 9780226818535 0226818535 9780226818559 0226818551
OCLC Number: 1268114510
Description: pages cm
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.
Other Titles: How the complexity of college pricing hurts students--and universities
Responsibility: Phillip B. Levine.

Abstract:

"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"--

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