Describe the similarities between the health-care sector and it's problems and the higher education sector and it's problems. Why do these two sectors in our economy have similar problems?
According to one study, the salaries of full professors at this nation's most prestigious universities have risen over 50 percent (corrected for inflation) in the past twenty-five years. What causes universities to offer such high salaries? What benefits do prestigious universities receive from "superstar" faculty members?
According to researcher Richard Vedder, only 21 cents of every added dollar that universities have spent over the past twenty-five years has gone to student instruction. Where did the other 79 cents go? If you are an undergraduate today, what tangible benefits of these increased university resources can you see around you?
Why do universities discount their fees to attract superstar athletes?