A Guide to Measuring College Costs

Gordon Winston

No DP-46, Williams Project on the Economics of Higher Education from Department of Economics, Williams College

Abstract: This paper reviews the major conceptual and practical problems that emerge in estimating the cost of producing a year of undergraduate education. The three major areas discussed are the complicated issues in estimating the yearly cost of physical capital, the treatemtn of student financial aid, and the cost allocation problems inherent in separating out those costs generated by undergraduate education in a complicated "multi-product" university.

Keywords: EDUCATION; COSTS (search for similar items in EconPapers)
JEL-codes: I22 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1998
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Published in New Directions for Institutional Research, No. 106, Summer 2000, pp. 31-46.

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