IDEAS home Printed from
   My bibliography  Save this paper

Economic Analysis of Carnegie Mellon University


  • Alphin Jr., Henry C.


Carnegie Mellon University is a private research institution of higher education that is housed in a city that has undergone, and is still undergoing, the change from a manufacturing hub to a center of knowledge enterprise. Although colleges and universities are part of a local oligopoly, CMU is a global institution which considers its peers to be among the elite institutions, including the University of Pennsylvania, Stanford University, and MIT. Amongst its peers, CMU is on the lower end of the undergraduate student demand spectrum, and it pays its professors significantly less than other great institutions. While CMU is not at risk of low student demand, it faces the same risk of faculty loss to other elite institutions as public institutions face losing their professors to CMU. As a global institution, CMU is affected by exchange rates, and the weak dollar makes a CMU education cheaper to foreign students. However, with the decrease in government funding, CMU, like other higher education institutions, has been forced to look elsewhere for revenue – primarily through tuition increases, private donors, and auxiliary services, to maintain its strong student body, elite faculty, and abundance of resources. While no tentirely shielded from vulnerability, CMU appears to face a sustained future, as long as it is able to continue to adapt to the changing society and economic climate.

Suggested Citation

  • Alphin Jr., Henry C., 2010. "Economic Analysis of Carnegie Mellon University," MPRA Paper 35353, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:35353

    Download full text from publisher

    File URL:
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    1. J. P. Raines & Charles G. Leathers, 2003. "The Economic Institutions of Higher Education," Books, Edward Elgar Publishing, number 2721.
    Full references (including those not matched with items on IDEAS)

    More about this item


    economic impact; higher education; economics of higher education;

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:35353. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter) or (Rebekah McClure). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.