This paper estimates the effect of attending historically black college and universities (HBCUs) on future wages of black students.

This paper reviews the major conceptual and practical problems that emerge in estimating the cost of producing a year of undergraduate education. The three major areas discussed are the complicated issues in estimating the yearly cost of physical capital, the treatemtn of student financial aid,...

Student subsidies are large, ubiquitous, and very unevenly distributed in US higher education - covering, on average, two-thirds of a student's educational costs and ranging from $2,600 in the bottom decile of schools ranked by subsidy size to $24,000 in the top. So data on the distribution of...

There's a new "global" way of organizing the economic information about an individual college or university that leads to a new way of tracking and understanding the changes that have been overtaking higher education, natioinally. The paper gives a simple introduction to this way of looking at...

Although considerable effort has been expended on measuring the returns to education in the U.S. and on modeling the individual decision-making process in human capital investment, surprisingly little work has been done in terms of attempts to forecast college enrollment rates in the U.S....

There has been a rising interest in understanding better the impact of college choices on wages that has been motivated by concerns about increasing wage inequalities, about increasing costs of elite and about the perceived increasing roles of highly educated individuals in maintaining...

The quality of the education a student gets at a college or university depends both on the school's resources - faculty, facilities, libraries - and importantly on the quality of his or her fellow students. He or she simply learns more - better, faster, more deeply - in the company of able...

In our 1991 Brookings book, "Keeping College Affordable: Government and Educational Opportunity", we examined whether our nation's colleges and universities were affordable for Americans of all economic and social backgrounds, and outlined policies aimed at the efficient allocation of government...

Using data generated for a study of student subsidies (in WPEHE Discussion Paper No. 32), this paper reports on the distribution of capital stocks and the costs of capital services in 2700 colleges and universities in 1991. The $330 billion in physical capital estimated for these institutions...

In this paper we summarize our recent work analyzing pricing, aid, access and choice in American higher education, and we draw out implications from those findings for national higher education policy. We find that real increases in net tuition have impaired access and choice principally for...