IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Thinking Seriously about Paying for College: The Large Effects of a Little Thought

Listed author(s):
  • Goethals, G.R.
  • McPherson Frantz, C.
Registered author(s):

    The high price of attending college has generated a great deal of discussion and some heated controversy in recent years. Popular opinions generally depict college prices as unreasonable, unjustified, and unpayable. In the context of thinking seriously about the ways colleges and universities ought to approach the difficult issue of pricing in higher education, we survey students at various institutions in order to seek insight into how students think about the amount they pay, and what they get for their money. More specifically, we ask students to seriously consider the subsidy associated with their educational program, and the effect that a change in the size of this subsidy might have on this program. As a result of this exercise, we find that students tend to regard the price of their education as significantly more reasonable than they had prior to thinking seriously about its cost.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    File Function: Full text
    Download Restriction: no

    Paper provided by Department of Economics, Williams College in its series Williams Project on the Economics of Higher Education with number DP-44.

    in new window

    Length: 19 pages
    Date of creation: 1997
    Publication status: Published in American Association for Higher Education and Accreditation Bulletin, April 2008, Vol. 50, Issue 8, pp. 3-7
    Handle: RePEc:wil:wilehe:44
    Contact details of provider: Postal:
    Williamstown, MA 01267

    Phone: 413 597 2476
    Fax: 413 597 4045
    Web page:

    More information through EDIRC

    Order Information: Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:wil:wilehe:44. 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: (Stephen Sheppard)

    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 references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link 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 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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.