Andrew P Kelly & Kevin Carey 
Stretching the Higher Education Dollar [EPUB ebook] 
How Innovation Can Improve Access, Equity, and Affordability

CONTENTS

Introduction 1

Andrew P. Kelly and Kevin Carey

1
From Baumol’s Cost Disease to Moore’s Law 9

Bending the Cost Curve in Higher Education

Anya Kamenetz

2
Incentives, Information, and the Public Interest 27

Higher Education Governance as a Barrier to Cost Containment

Robert E. Martin

3
Applying Cost-Effectiveness Analysis to Higher Education 45

Framework for Improving Productivity

Douglas N. Harris

4
A Strategic Approach to Student Services 67

Five Ways to Enhance Outcomes and Reduce Costs

Ari Blum and Dave Jarrat

5
Bain Goes to College 87

Rethinking the Cost Structure of Higher Education

Jeffrey J. Selingo

6
Unbundling Higher Education 105

Taking Apart the Components of the College Experience

Michael Staton

7
Classes for the Masses 125

Three Institutions’ Efforts to Create High-Quality, Large-Scale, Low-Cost Online Courses

Ben Wildavsky

8
Beyond the Classroom 145

Alternative Pathways for Assessment and Credentialing

Paul Fain and Steve Kolowich

9
Disruptive Technologies and Higher Education 163

Toward the Next Generation of Delivery Models

Paul J. Le Blanc

10
Public Mandates, Private Markets, and “Stranded” Public Investment 183

Burck Smith

Conclusion 205

Andrew P. Kelly and Kevin Carey

Notes 219

Acknowledgments 243

About the Editors 245

About the Contributors 247

Index 253

Andrew P. Kelly is a resident scholar in education policy studies at AEI. His research focuses on higher education policy, innovation in education, the politics of education reform, and consumer choice in education. Previously, he was a research assistant at AEI, where his work focused on the preparation of school leaders, collective bargaining in public schools, and the politics of education. His research has appeared in Teachers College Record, Educational Policy, Policy Studies Journal, Education Next, and Education Week, as well as popular outlets such as Inside Higher Ed, Forbes, The Atlantic, National Review, and The Huffington Post. He is coeditor of Getting to Graduation: The Completion Agenda in Higher Education (Johns Hopkins University Press, 2012); Carrots, Sticks, and the Bully Pulpit: Lessons from A Half-Century of Federal Efforts to Improve America’s Schools (Harvard Education Press, 2012); and Reinventing Higher Education: The Promise of Innovation (Harvard Education Press, 2011). In 2011, Kelly was named one of sixteen “Next Generation Leaders” in education policy by Education Week’s Policy Notebook blog.Kevin Carey is director of the education policy program at the New America Foundation. An expert on pre K–12 and higher education issues, Carey has published articles on education and other topics in magazines including The New Republic, Washington Monthly, The American Prospect, and Democracy. He writes monthly columns on education for The Chronicle of Higher Education and The New Republic and edits the annual Washington Monthly College Guide. Carey’s research topics include higher education reform, college graduation rate improvement, college rankings, community colleges, and the Elementary and Secondary Education Act. His writing was anthologized in Best American Legal Writing 2009 and received an Education Writers Association award for commentary in 2010. He appears frequently on media outlets including CNN, C-SPAN, and NPR. Before joining New America, Carey worked as the policy director of Education Sector and at the Education Trust. Previously, he worked as an analyst in the Indiana Senate and as Indiana’s assistant state budget director. He also teaches education policy at Johns Hopkins University.