Literature Review Blog #4

Citation:

Abbey, Craig W., Allison Armour-Garb, and Government Nelson A. Rockefeller Institute of. "Nonresident Tuition And Fees At SUNY. Rates, Policies, And Consequences." Nelson A. Rockefeller Institute Of Government (2010): ERIC. Web. 26 Oct. 2013.

Summary:

This article is about the clear reasons why SUNY school system charges higher prices for non-resident tuition. It also states the benefits it has not only for the university but the benefits for the state as well. This article also gives information about other states and how their enrollment/pricing compares to the SUNY school system for the nonresident prices they charge.

Author:

Craig W. Abbey and Allison Armour-Garb

Quotes:

“An across-the-board approach to nonresident tuition increases could lead to increased revenues at some campuses, while at other campuses it might decrease revenues, undermine academic quality, and lead to economic losses in the regions where those campuses are located”

“Some small states, such as Delaware and Vermont, attract large numbers of nonresident students to their public research universities in order to have a larger institution, with a greater economic impact and a broader range of high-quality academic and athletic programs than their state could support alone.”

“Another reason may be that residents are more likely to remain in the state after graduation and thus contribute future tax revenues.”

“However, a nonresident tuition increase will not necessarily increase revenues. This is because prospective students are essentially customers who are going to decide to enroll only if they think the education they will receive is worth the asking price.”

“Typically, consumers do not consume more of a good as its price rises. However, as price increases, so does demand for certain high-end goods.”

Key Terms:

Demand, elasticity, revenue, and compare

Value:

This article is value to the work that I plan on doing for my research paper because it offers a lot of research numbers comparing the differences on nonresident tuition and all of the positive and negative effects it has on universities.