{"product_id":"higher-learning-greater-good-walter-w-mcmahon-9781421424033","title":"Higher Learning, Greater Good: The Private and Social Benefits of Higher Education","description":"\u003cp\u003eWinner, Best Book in Education, PROSE Awards, Professional and Scholarly Publishing Division, Association of American Publishers\u003c\/p\u003e\u003cp\u003eA college education has long been acknowledged as essential for both personal success and economic growth. But the measurable value of its nonmonetary benefits has until now been poorly understood. \u003cem\u003eIn Higher Learning, Greater Good\u003c\/em\u003e, leading education economist Walter W. McMahon carefully describes these benefits and suggests that higher education accrues significant social and private benefits.\u003c\/p\u003e\u003cp\u003eMcMahon's research uncovers a major skill deficit and college premium in the United States and other OECD countries due to technical change and globalization, which, according to a new preface to the 2017 edition, continues unabated. A college degree brings better job opportunities, higher earnings, and even improved health and longevity. Higher education also promotes democracy and sustainable growth and contributes to reduced crime and lower state welfare and prison costs. These social benefits are substantial in relation to the costs of a college education.\u003c\/p\u003e\u003cp\u003eOffering a human capital perspective on these and other higher education policy issues, McMahon suggests that poor understanding of the value of nonmarket benefits leads to private underinvestment. He offers policy options that can enable state and federal governments to increase investment in higher education.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Walter W. McMahon\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1421424037\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781421424033\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Johns Hopkins University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/25\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 432\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.20lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 1.10d","brand":"Walter W. McMahon","offers":[{"title":"Paperback","offer_id":44058529005823,"sku":"9781421424033","price":26.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_3ee2ffdd-bbe0-4155-a791-f8f38749a243.jpg?v=1685053080","url":"https:\/\/www.whiterainbookhouse.com\/products\/higher-learning-greater-good-walter-w-mcmahon-9781421424033","provider":"WR Book House","version":"1.0","type":"link"}