I see Bill already answered my question. 

>>>Not the way you think. See my response to yours. 

I should also add that the social costs of tuition are much higher than
the private costs for public universities, making it even more likely
that the social return is quite low.

>>>I happen to believe the public good argument for education, but even if I didn't, 
>you know as well as I do that you can't attribute the entire cost of the university 
>to its educational product. A big chunk is paying for research. Take that out and I 
>doubt the costs would be so high. After all, no reason why a college education would 
>have to cost that much more than HS unless you want all Profs to be researchers.  - - 
>Bill

William T. Dickens
The Brookings Institution
1775 Massachusetts Avenue, NW
Washington, DC 20036
Phone: (202) 797-6113
FAX:     (202) 797-6181
E-MAIL: [EMAIL PROTECTED]
AOL IM: wtdickens


Reply via email to