Higher Learning, Greater Good: The Private and Social Benefits of Higher Education

Awards:   Winner of PROSE Awards: Education 2009 Winner of PROSE Awards: Education 2009 (United States) Winner of PROSE Awards: Education 2009.
Author:   Walter W. McMahon (Professor of Economics Emeritus, Professor of Education Emeritus, University of Illinois at Urbana-Champaign)
Publisher:   Johns Hopkins University Press
ISBN:  

9781421424033


Pages:   432
Publication Date:   20 September 2017
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Higher Learning, Greater Good: The Private and Social Benefits of Higher Education


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Awards

  • Winner of PROSE Awards: Education 2009
  • Winner of PROSE Awards: Education 2009 (United States)
  • Winner of PROSE Awards: Education 2009.

Overview

Full Product Details

Author:   Walter W. McMahon (Professor of Economics Emeritus, Professor of Education Emeritus, University of Illinois at Urbana-Champaign)
Publisher:   Johns Hopkins University Press
Imprint:   Johns Hopkins University Press
Dimensions:   Width: 15.20cm , Height: 2.60cm , Length: 22.90cm
Weight:   0.567kg
ISBN:  

9781421424033


ISBN 10:   1421424037
Pages:   432
Publication Date:   20 September 2017
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Preface 1. What Is the Problem? 2. Challenges Facing Higher Education Policy 3. Higher Education and Economic Growth 4. Private Non-Market Benefits of Higher Education and Market Failure 5. Social Benefits of Higher Education and Their Policy Implications 6. University Research 7. New Higher Education Policies 8. New Strategies for Financing Higher Education Appendixes A. Correcting for Ability Bias in Returns to Higher Education B . A Simplified Dynamic Model with Higher Education Externalities C. Valuing the Effects of Higher Education on Private Non-Market Outcomes D. Higher Education and Growth, U.S. and OECD Countries, 1960–2005 E. Valuing the External Social Benefi ts of Higher Education References Index

Reviews

An important contribution that not only provides a diagnosis of the main problems facing US higher education but also offers some solutions. Times Higher Education Supplement McMahon has written a serious and important book on the economics of higher education... This book is a must-read for students interested in the economics of higher education and should be included as a required reading in such courses... McMahon's extension and revitalization of human capital theory in higher education should be of interest to a general readership in the field. Journal of Higher Education This extraordinary book patiently, thoughtfully, and thoroughly provides the conceptual framework for understanding the higher education market, the empirical findings about what that market produces and the policy prescriptions needed to make it work better in the future. Review of Higher Education No one else before McMahon has systematically and comprehensively presented the whole picture of higher education benefits and provided a valuation of the private and social non-market benefits. Higher Education This is a significant contribution to both theory and research findings in the study of investment in higher education... Highly recommended. Choice The overwhelming success of this work is that McMahon has articulated clearly and succinctly what students, their families, and governments are getting for their investment in higher education. Journal of Education Finance A timely and insightful text... Academic advisors who want to show their students that a college degree offers benefits beyond starting salaries and career opportunities will find this book to be a valuable resource. NACADA Journal It is not surprising that there is a growing interest in the private and social benefits of higher education and discussion of who should pay for what. Professor McMahon's book... is central to this debate. Academic Matters The first book to systematically identify and develop the evidence necessary to measure comprehensively the benefits of higher education and to estimate their economic value. Rorotoko


The first book to systematically identify and develop the evidence necessary to measure comprehensively the benefits of higher education and to estimate their economic value. * Rorotoko * The overwhelming success of this work is that McMahon has articulated clearly and succinctly what students, their families, and governments are getting for their investment in higher education. * Journal of Education Finance * This is a significant contribution to both theory and research findings in the study of investment in higher education... Highly recommended. * Choice * A timely and insightful text... Academic advisors who want to show their students that a college degree offers benefits beyond starting salaries and career opportunities will find this book to be a valuable resource. * NACADA Journal * An important contribution that not only provides a diagnosis of the main problems facing US higher education but also offers some solutions. * Times Higher Education Supplement * No one else before McMahon has systematically and comprehensively presented the whole picture of higher education benefits and provided a valuation of the private and social non-market benefits. * Higher Education * It is not surprising that there is a growing interest in the private and social benefits of higher education and discussion of who should pay for what. Professor McMahon's book... is central to this debate. * Academic Matters * McMahon has written a serious and important book on the economics of higher education... This book is a must-read for students interested in the economics of higher education and should be included as a required reading in such courses... McMahon's extension and revitalization of human capital theory in higher education should be of interest to a general readership in the field. * Journal of Higher Education * This extraordinary book patiently, thoughtfully, and thoroughly provides the conceptual framework for understanding the higher education market, the empirical findings about what that market produces and the policy prescriptions needed to make it work better in the future. * Review of Higher Education *


Author Information

Walter W. McMahon is emeritus professor of economics and emeritus professor of education at the University of Illinois at Urbana-Champaign. He is the author of Education and Development: Measuring the Social Benefits.

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