Obama Administration Report Shows Causes of Increased Student Costs

No, it’s not faculty salaries.  Nor is it “waste and inefficiency”.  It’s decline in state support.  This report by the U.S. Treasury and Education Departments lays out the facts very clearly and simply.

The report also discusses the increasing economic returns to higher education.  The findings mirror those found in a recent Massachusetts-specific study by UMass Amherst Economics Professor Michael Ash.