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"Clotfelter breaks new ground in furthering our understanding of the "cost disease" afflicting American higher education over the past two decades. He accomplishes this by skillfully combining national and institutional data, along with detailed figures for a selected group of departments at four private universities."--W. Lee Hansen, University of Wisconsin
Review Quotes: "Charles Clotfelter, an economist and former vice provost and vice chancellor at Duke University, examines the explanations for the rapid growth in spending in the nation's leading private research universities since 1976-77 . . . Buying the Best is a thought-provoking and compelling analysis, with implications well beyond its focus on higher education."-- "Contemporary Sociology"