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Peer reviewedDolan, Robert C.; Schmidt, Robert M. – Economics of Education Review, 1994
Examines the relative contributions of human and physical resources in the production of private undergraduate higher education. The parameters in the output equation suggest a traditional recipe: a relatively high ratio of quality faculty to good students in a facilitating environment reflected by academic expenditure. Better students are drawn…
Descriptors: College Choice, Educational Economics, Educational Policy, Higher Education
