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Conclusion: Looking To The Future, Ronald G. Ehrenberg
Conclusion: Looking To The Future, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] A number of important themes emerge from the chapters in Governing Academia. First, decentralization gives individual units—be they university campuses within a state system, colleges within a university, or departments within a college—an incentive to act in their own best interests, but less of an incentive to work toward the common good. As Heller points out, at the level of a state system, decentralization of control may lead to wasteful overlap between campuses. As Wilson shows, decentralized budgeting in the form of responsibility center management models may cause units not to maximize the quality of the education they are …
An Economic Analysis Of The Market For Law School Students, Ronald G. Ehrenberg
An Economic Analysis Of The Market For Law School Students, Ronald G. Ehrenberg
Ronald G. Ehrenberg
This study utilizes data from a number of sources to estimate how lawyers' starting salaries relate to their ability, the quality of law school they attended, and whether the law school was a private institution. Based upon this analysis, a benefit—cost analysis is conducted of the value of attending a high-quality private institution. Analyses are also done of how the financial attractiveness of law vis-a-vis other careers has changed in recent years and a conceptual framework discussed for law schools to use in allocating their financial aid resources.