In the last 40 years, college costs have more than doubled. Students pay exorbitant amounts of money to attend college, even going into crushing debt. Meanwhile, universities increase their administrative overhead and other non-instructional costs.
The National Association of Scholars hosted the launch of our new report, Priced Out: What College Costs America, on March 4th at 2 pm ET. Neetu Arnold, the report's author, takes a detailed look into 50 universities and their spending habits and provides perspectives from students, parents, and college administrators. The report includes recommendations to cut costs, empower better choices, and increase information transparency. As universities are left at a crossroads following the coronavirus pandemic, they can no longer ignore their profligate spending habits nor the American people.
The event featured Jenna Robinson, president of the James G. Martin Center for Academic Renewal; Adam Kissel, a senior fellow at the Cardinal Institute for WV Policy and a visiting scholar at the Texas Public Policy Foundation; Allen Mendenhall, an associate dean and Grady Rosier Professor at Troy University Sorrell College of Business.