For the past three decades college costs increased faster
than any other sector in the economy, including healthcare. This
rapid increase defeats public access policy. The evidence also
suggests value added has declined: lower graduation rates, lower
student study time, accelerating grade inflation, and lower
competency testing results. These trends are a direct threat to
the intergenerational “social contract” that sustains public
support for higher education. Further, they have serious adverse
consequences for economic prosperity.
Students, faculty and staff at U. Louisville and other
universities, high school students and members of the public are
warmly invited. Admission is free.
Robert Martin served as the Ewing T. Boles Prof. of Economics at
Centre College from 1996 to 2008.
His past appointments include posts at Louisiana State and U.
Texas-Arlington. He is the author of a large number
of scholarly works on the economics of college educations,