000			03821cam a2200409 i 4500
005			20221101230114.0
008			080714s2009 mdu b 001 0 eng d
010			_a 2008015481
011			_aBIB MATCHES WORLDCAT
020			_a0801890535 _qhardcover (alk. paper)
020			_a9780801890536 _qhardcover (alk. paper)
035			_a(ATU)b11373490
035			_a(OCoLC)223370013
040			_aDLC _beng _erda _cDLC _dBTCTA _dBAKER _dYDXCP _dC#P _dBWX _dCDX _dUKM _dTTS _dLMR _dGEBAY _dATU
050	0	0	_aLB2324 _b.M39 2009
082	0	0	_a378 _222
100	1		_aMcMahon, Walter W., _eauthor. _91043269
245	1	0	_aHigher learning, greater good : _bthe private and social benefits of higher education / _cWalter W. McMahon.
264		1	_aBaltimore : _bJohns Hopkins University Press, _c2009.
300			_axiii, 415 pages ; _c24 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references (pages 383-403) and index.
505	0	0	_g1. _tWhat Is the Problem? -- _g2. _tChallenges Facing Higher Education Policy -- _g3. _tHigher Education and Economic Growth: Jobs, Earnings, and the Skill Deficit -- _g4. _tPrivate Non-Market Benefits of Higher Education and Market Failure -- _g5. _tSocial Benefits of Higher Education and Their Policy Implications -- _g6. _tUniversity Research: Social Benefits and Policy -- _g7. _tNew Higher Education Policies -- _g8. _tNew Strategies for Financing Higher Education -- _gAppendix A. _tCorrecting for Ability Bias in Returns to Higher Education -- _gAppendix B. _tA Simplified Dynamic Model with Higher Education Externalities -- _gAppendix C. _tValuing the Effects of Higher Education on Private Non-Market Outcomes -- _gAppendix D. _tHigher Education and Growth, U.S. and OECD Countries, 1960-2005 -- _gAppendix E. _tValuing the External Social Benefits of Higher Education.
520			_a"A college education has long been acknowledged as essential for both personal success and economic growth. But the measurable value of its nonmonetary benefits have until now been poorly understood. Walter W. McMahon, a leading education economist, suggests that higher education accrues significant social and private benefits. McMahon argues that there is a major skill deficit in the United States and other OECD countries because of technical change and globalization. Yet with a college degree comes better job opportunities, higher earnings, and even improved health. Higher education also promotes democracy and sustainable growth and contributes to reduced crime and lower state welfare and prison costs. These social benefits are substantial in relation to the costs of a college education. McMahon offers a human capital perspective on this and other higher education policy issues. He suggests that poor information about the value of nonmarket benefits leads to private underinvestment. He offers policy options enabling state and federal governments to increase investment in higher education. Adequately reforming higher education policy, McMahon argues, is also critical for reducing inequality and encouraging growth, both important in the present era of globalization."--Publisher description.
588			_aMachine converted from AACR2 source record.
650		0	_aEducation, Higher. _9349985
650		0	_aHigher education and state _9318798
650		0	_aEducation _xEconomic aspects _9371611
650		0	_aEducation _xSocial aspects. _9630383
856	4	2	_3Contributor biographical information _uhttp://www.loc.gov/catdir/enhancements/fy0829/2008015481-b.html
907			_a.b11373490 _b18-09-19 _c27-10-15
942			_cB
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999			_c1187603 _d1187603