Attention Economy


Thursday, July 20, 2017

Economics of Education

The Economist on education technology

The cost (to universities) of supporting various majors:
http://review.chicagobooth.edu/economics/2017/article/cost-engineering-degree-college-not-student
“Engineering degrees, for example, tend to provide high financial returns to graduates and also cost universities a lot to produce, according to research by Yale’s Joseph G. Altonji and Chicago Booth’s Seth Zimmerman. Other majors, such as business and computer science, have relatively low costs for schools while offering relatively high future salaries for graduates. Understanding the typical costs and outcomes for different majors could give additional guidance to public universities that are weighing how to maximize their budgets, given shrinking funding from state governments.”