Why do costs in higher education rise more rapidly than prices in general? They do so due to four factors: (1) higher education is a personal-service industry; (2) higher education relies on highly educated labor; (3) because of increased capital usage (in the form of the new technologies), higher education's reliance on highly educated labor has…

The following tables are the result of the Council on Higher Education study of 1972-73 unit costs in public institutions on higher education. This study is the first effort in this state (and perhaps any state) to clearly relate all costs to the instructional, research, and public service efforts of all the public institutions of higher…