$7,376 "Ivies": Value-Designed Models of Undergraduate Education
Contributing Organization(s): Center for College Affordability and Productivity
Author(s)/Creator(s): Vance H. Fried
Publishing Date: 2008-08-01
Issue Areas: Education and Literacy
Ownership/Rights Info: Copyright 2008 Center for College Affordability and Productivity. All rights reserved.
File info: 40 pages; 174.62 KB file size
Is it possible to get an "Ivy" education for $7,376 a year? Can a college provide high-quality undergraduate education at a reasonable cost? In this paper, I explore if cost can be reduced and quality improved through the use of new "value-designed" models of undergraduate education. A value-designed model allows you to appeal to customers seeking the greatest value. These are the students -- or perhaps more often, their parents -- who are looking for a high-quality product at a relatively low price. To be able to charge a relatively low price, a college must have either a large subsidy from public or private sources or low costs. In this paper, I focus on the cost side of providing a high-quality education.
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Intended Audience: Advocates; College/University Professors; Parents; Policy Professionals; Researchers
Type/Format: CaseStudy; Whitepaper
Language code: English
Type/Format: CaseStudy; Whitepaper
Language code: English
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