The Rising Cost of Higher Education: A Supply & Demand ...

The Rising cost of Higher education : A Supply & Demand Analysis by Helen Li An honors thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Science Undergraduate College Leonard N. Stern School of Business New York University May 2013. Professor Marti G. Subrahmanyam Dean Peter Henry Faculty Adviser Thesis Advisor Abstract The Rising cost of Higher education is a topic of large concern today. As tuition prices continue to grow at a quicker pace than housing prices, consumer prices and average hourly wages, it is becoming harder and harder for the average American family to afford going to college. What factors have been driving this large rise in tuition prices? This thesis aims to set up a Supply and Demand framework to analyze the various forces that may be driving the price of Higher education to rise above the Consumer Price Index over time. After defining long-run Supply and Demand for the Higher education market, this thesis addresses economy-wide factors and summarizes the findings of Robert Archibald and David Feldman in Why Does College cost So Much?

supply and demand for the higher education market, this thesis addresses economy-wide factors ... amounts of money people pay depending on their financial circumstances, or the amount of tuition an admitted student pays. Many people refer to the “sticker price” of education, which

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  Education, Higher, Cost, Supply, Money, Rising, Of money, Rising cost of higher education, A supply

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