Is College in the US a ‘Business’?

FILE - Students walk through Harvard Yard, April 27, 2022, on the campus of Harvard University in Cambridge, Massachusetts.

The authors of a new book, “Campus Economics: How Economic Thinking Can Help Improve College and University Decisions,” think so. Sandy Baum and Michael McPherson weigh in on the future of tenure, the effects of high inflation and why colleges don’t shut down unpopular majors.

Weigh their arguments for yourself in this interview with Scott Jaschik of Inside Higher Ed. (April 2023)