' This book has much to recommend it. The papers are well written and well researched. The bibliographies are very rich. Any economist with an interest in the economics of higher education should make this book a part of his or her collection. ' The Southern Economic Journal, 60:1

• 1 Preview of the Economics of American Higher Education.- I The Missions of American Higher Education.- 2 The Teaching Role of Contemporary American Higher Education: Popular Imagery and Organizational Reality.- 3 The Research and Service Missions of the University.- II Higher Education as Personal Investment and Advancement.- 4 Why Go to College? The Value of an Investment in Higher Education.- 5 Wages of College Graduates.- 6 Private Returns to Specific College Majors.- 7 Private Nonmonetary Returns to Investment in Higher Education.- III Higher Education and Regional Growth.- 8 The Role of Universities in Regional Economic Development.- 9 Higher Education and Regional Development.- 10 Measuring the Regional Economic Effects of Federal Research Grants.- 11 The Ambiguous Link: Private Industry and University Research.- IV Higher Education as Social Investment for Equity.- 12 Equity Issues in Higher Education Outcomes.

' This book has much to recommend it. The papers are well written and well researched. The bibliographies are very rich. Any economist with an interest in the economics of higher education should make this book a part of his or her collection. ' The Southern Economic Journal, 60:1

• 1 Preview of the Economics of American Higher Education.- I The Missions of American Higher Education.- 2 The Teaching Role of Contemporary American Higher Education: Popular Imagery and Organizational Reality.- 3 The Research and Service Missions of the University.- II Higher Education as Personal Investment and Advancement.- 4 Why Go to College? The Value of an Investment in Higher Education.- 5 Wages of College Graduates.- 6 Private Returns to Specific College Majors.- 7 Private Nonmonetary Returns to Investment in Higher Education.- III Higher Education and Regional Growth.- 8 The Role of Universities in Regional Economic Development.- 9 Higher Education and Regional Development.- 10 Measuring the Regional Economic Effects of Federal Research Grants.- 11 The Ambiguous Link: Private Industry and University Research.- IV Higher Education as Social Investment for Equity.- 12 Equity Issues in Higher Education Outcomes.

' This book has much to recommend it. The papers are well written and well researched. The bibliographies are very rich. Any economist with an interest in the economics of higher education should make this book a part of his or her collection. ' The Southern Economic Journal, 60:1

• 1 Preview of the Economics of American Higher Education.- I The Missions of American Higher Education.- 2 The Teaching Role of Contemporary American Higher Education: Popular Imagery and Organizational Reality.- 3 The Research and Service Missions of the University.- II Higher Education as Personal Investment and Advancement.- 4 Why Go to College? The Value of an Investment in Higher Education.- 5 Wages of College Graduates.- 6 Private Returns to Specific College Majors.- 7 Private Nonmonetary Returns to Investment in Higher Education.- III Higher Education and Regional Growth.- 8 The Role of Universities in Regional Economic Development.- 9 Higher Education and Regional Development.- 10 Measuring the Regional Economic Effects of Federal Research Grants.- 11 The Ambiguous Link: Private Industry and University Research.- IV Higher Education as Social Investment for Equity.- 12 Equity Issues in Higher Education Outcomes.