Lit Review #2

 

Bowen, W. G., M. M. Chingos, and M. S. McPherson. Crossing the finish line, completing college at america's public universities. Princeton Univ Pr, 2009. Print.  


William G. Bowen (born October 6, 1933) is President Emeritus of The Andrew W. Mellon Foundation where he served as President from 1988 to 2006. He was the president of Princeton University from 1972 to 1988. William Bowen graduated from Denison University in 1955, and Princeton University in 1958, where he earned a PhD. He joined the Princeton faculty in 1958, specializing in labor economics.
In 1988, he left Princeton and joined The Andrew W. Mellon Foundation, where he created a research program to investigate doctoral education, collegiate admissions, independent research libraries, and charitable nonprofits in order to ensure that the Andrew W. Mellon Foundation's grants would be well-informed and more effective.

Some examples from his book:

"President Barack Obama emphazised the importance of graduatiing from college, not just enrolling." p.1
-Figure 1.3 Wage Premium of College Graduates and High School Graduates, 1915 - 2005. p.1
"... it is striking that in recent years prices at four year public institutions have risen much more rapidly than prices at private institutions" p. 150
"With net cost continuing to rise, it is not surprising that borrowing has come to play a larger role in financing college for both students and families." p.151
"...even when students understand first-year financing, they generally have little information about how they will solve their financing problems in the years to come."
"... students in North Carolina who wish to earn a bachelors degree are much more likely to do so if the begin their studies at a four year institution rather that at a  two-year college." p.138
"... transfer students (especially those from two-year colleges) arrive with weaker academic credentials at least as measured by high school GPA and SAT/ACT scores." p.140
"Transfer students earned modestly lower grades than the graduates who enrolled as freshman..." p.143

(Bowen, Chingos, and McPherson )