Use of education finance data is ubiquitous. Yet, because the academic calendar circumscribes two calendar years, researchers have linked the Consumer Price Index (CPI) to three different dates: fall, spring, and academic fiscal years. We demonstrate that linking the CPI to these different academic years results in identifying different trends in…

Faced with operational complexities on par with those of a city, larger colleges and universities have long understood the value of taking a strategic approach to understanding and managing enterprise risks. Personnel dedicated to risk analysis and control at these institutions are tasked with taking a holistic view of the exposures, liabilities…

This report is first in a series of informational briefings developed as part of "The Guardians Initiative: Reclaiming the Public Trust," an effort to educate and engage trustees as advocates on key issues in higher education. While the tone of public criticism of higher education has sharpened, public understanding about the sector's…

In this article, the author explains why field experiments can improve what we teach and how we teach economics. Economists no longer operate as passive observers of economic phenomena. Instead, they participate actively in the research process by collecting data from field experiments to investigate the economics of everyday life. This change can…

The print publishing industry is showing signs of recovering from the worst of the economic downturn even as the surge in popularity of ebooks raises questions about the future of printed materials. From a high of 190,502 titles in 2007, overall American book title output fell to 178,841 in 2009 but climbed back to 186,344 in 2010; preliminary…

There's something about textbook prices that generates outrage in ways that other college expenses, such as housing and technology fees, don't. Maybe it's the shock felt by new students when faced with a $900 bill after getting their textbooks for free in K-12. Maybe it's the awful realization that $40,000 in tuition and board doesn't even cover…

By convention U.S. bond markets announce the actual price of a bond as the sum the quoted price plus accrued interest. The economic meaning of accrued interest and its role in this price announcing convention is generally misunderstood by accounting textbook authors who mistakenly provide accrued interest with both an economic and administrative…

In this article, agrofuels are examined in the context of the world food price crisis and the "food sovereignty" proposal for addressing the crisis. Both short- and long-term causes of the crisis are examined, and while agrofuels are presently not a prime causal factor they are clearly contraindicated by the crisis. Food sovereignty,…

Having returned to teaching the basics of pricing fixed-income securities after several years, the author recalls the difficulty students have in understanding the total return provided by fixed-income securities that are purchased at either a discount or premium from face value. This teaching note attempts to clarify the concept by suggesting…

Most high school students are at an age when they are learning to drive. They often want to offer input when their parents decide on what vehicle to purchase, so the activity described in this article should have direct personal interest for them. It allows students to use technology and mathematics to determine the environmental impacts of…

Annual double-digit increases in health insurance premiums may be the reality for school districts and private-sector employers for the foreseeable future. The author presents several factors that account for this unwelcome possibility. One cost-saving alternative for districts is to self-insure employees and assume the risks. Districts are…

President Obama is right to draw attention to the soaring cost of a college education in America. However, his proposed solution will not only fail to fix the problem but is also likely to compound it by blunting the competition that is needed to shake up the world of higher education. President Obama proposes to slow tuition growth by…

Freedom of any kind has intrinsic value, and education freedom is controversial, in need of empirical assessment of possible and likely trade-offs between freedom from state control and social goals such as equity and cohesion. Without a reasonable empirical measure of education freedom we can only cite the controversies and choose sides. The…

The growth of private universities in Russia has made tuition costs an increasingly important factor in students' enrollments across institutions. So far, however, universities do not compete on price, but this strategy will need to change as the system matures and as economic and demographic changes occur. (Contains 1 note.) [This article was…

Charters represent an expansion of public school choice, offering free, publicly funded educational alternatives to traditional public schools. One relatively unexplored research question concerning charter schools asks whether charter schools are more efficient suppliers of educational services than are traditional public schools. The potential…