By Richard Vedder Although difficult to measure, it is unlikely that higher education has had any productivity advance in the 50 years since I finished college. Economists like Princeton’s William Baumol have argued that rising college costs are inevitable, given inherent limitations on reducing the cost of disseminating knowledge -only so many people can fit […]
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Harvard University and the Massachusetts Institute of Technology announced yesterday that they will partner in a collaborative new higher-education venture, to be called EdX, that will offer a range of online courses to potentially tens of thousands of student worldwide, most of whom will not be enrolled at either Harvard or MIT. The EdX courses, […]
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