What’s the point of going to college? Does it matter where you go? And is it worth the cost? As more Americans and people around the globe enroll in higher education, such questions are being asked with increasing frequency. Scholars have answers, yet those answers depend a great deal on the methods being used to explore the questions. Economists, for instance, bring a particular set of tools to the task, as well as a general set of assumptions and beliefs. Historians, too, come armed with the instruments of disciplinary inquiry and can end up with quite different conclusions. So what would happen if we brought them together to talk through research questions of interest to their respective academic “tribes”?
For this Policy Dialogue, the HEQ editors asked historian Bruce Kimball and economist Rob Toutkoushian to reflect on disciplinary traditions, debates over higher education finance, and what makes college worthwhile. Kimball has taught at the University of Houston, Yale University, and the University of Rochester and is a professor emeritus at Ohio State University. He has published several books on the history of liberal education and professional education, particularly legal education. His latest book, co-authored with Sarah Iler, is Wealth, Cost, and Price in American Higher Education (John Hopkins University Press, 2023). Toutkoushian is a professor of higher education at the University of Georgia specializing in economic theories and quantitative methods. He has served as executive director of the Office of Policy Analysis in the University System of New Hampshire and as editor of Research in Higher Education. As a scholar, Toutkoushian has published more than sixty peer-reviewed publications on such topics as higher education finance, compensation, demand, and policy analysis.
HEQ Policy Dialogues are, by design, intended to promote a casual, free exchange of ideas between scholars. At the end of the exchange, we offer a list of references for readers who wish to follow up on sources relevant to the discussion.