Education Commons^™

Does Quality Matter? An Hedonic Analysis Of College Tuition Price, Joshua Delano

Business and Economics Honors Papers

The purpose of this paper is to explore the factors that ultimately make up the concept of quality in college institutions. Using several proxies to measure this concept of quality, this paper will seek to determine what effect the qualities of institutions have on tuition prices. By assessing this relationship, conclusions will be drawn about colleges' tuition prices as they pertain to the calculated value of the education being received. Before exploring these factors the paper will first set out to discuss the current trends involved with college tuition, specifically those trends involved in four-year private institutions.