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About the Authors

Andrew Gillen is the Research Director of the Center for College Affordability and Productivity. He received his BBA from Ohio University and an MS and PhD in Economics from Florida State University.

Daniel L. Bennett is a Research Associate at the Center for College Affordability and Productivity. He holds a MA in Applied Economics, with a focus on labor and international issues, as well as a BBA, from Ohio University. He currently is a doctoral student in Economics at Florida State University.

Richard Vedder is director of the Center for College Affordability and Productivity, distinguished Profes- sor of Economics at Ohio University, and a visiting scholar at the American Enterprise Institute. He is the author of Going Broke By Degree: Why College Costs Too Much, and he has written and lectured widely on the cost of higher education. He received a BA from Northwestern University and a MA and PhD from the University of Illinois.

Acknowledgements

The Center for College Affordability and Productivity would like to thank Lumina Foundation for its generous support of this research.

Lumina Foundation for Education is an Indianapolis-based private foundation dedicated to expand- ing access to and success in education beyond high school. Through grants for research, innovation, com- munication and evaluations, as well as policy education and leadership development, Lumina Foundation addresses issues that affect access and educational attainment among all students, particu- larly underserved student groups, including adult learners. The Foundation bases its mission on the belief that postsecondary education remains one of the most beneficial investments that individuals can make in themselves and that society can make in its people. For more details on the Foundation, visit its Web site at www.luminafoundation.org.

The views expressed in this publication are those of the authors and do not necessarily represent those of Lumina Foundation for Education, their officers, or employees.

Center for College Affordability and Productivity

The Center for College Affordability and Productivity (CCAP) is an independent, nonprofit research cen- ter based in Washington, DC that is dedicated to researching public policy and economic issues relating to postsecondary education. CCAP aims to facilitate a broader dialogue that challenges conventional thinking about costs, efficiency and innovation in postsecondary education in the United States.

1150 17th Street NW #910 Washington, DC 22036

Tel: (202) 375-7831 Fax: (202) 375-7821

www.centerforcollegeaffordability.org www.collegeaffordability.blogspot.com

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