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来源类型Working Paper
规范类型报告
DOI10.3386/w25314
来源IDWorking Paper 25314
Why is Math Cheaper than English? Understanding Cost Differences in Higher Education
Steven W. Hemelt; Kevin M. Stange; Fernando Furquim; Andrew Simon; John E. Sawyer
发表日期2018-12-03
出版年2018
语种英语
摘要The private return to postsecondary investment varies widely by field, but the resources required by different fields are not well known. This paper establishes five new facts about college costs using novel department-level data. First, costs vary widely across field, ranging from electrical engineering (109 percent higher costs than English) to math (22 percent lower). Costs are generally higher in fields where graduates earn more and in pre-professional programs. Second, this pattern is explained statistically by differences in class size and faculty pay, though differences in production technology enable some fields to offset higher salaries with larger classes. Third, some STEM fields experienced steep declines in expenditures over the past fifteen years while others saw increases. Fourth, increases in class size and teaching loads alongside a shift in faculty composition toward contingent faculty explain these trends. Finally, online instruction is associated with a modest reduction in cost per student, but only for undergraduate instruction. Recent policy efforts to promote enrollment in high-earning fields will thus have important implications for postsecondary costs and the social return on investment in higher education.
主题Health, Education, and Welfare ; Education
URLhttps://www.nber.org/papers/w25314
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582988
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Steven W. Hemelt,Kevin M. Stange,Fernando Furquim,et al. Why is Math Cheaper than English? Understanding Cost Differences in Higher Education. 2018.
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