Chris paxon is the president of Brown University, a major research university in Philadelphia. She got her undergraduate degree from swarthmore and went on to get an economics Phd at columbia. Paxon says that elite colleges have pretty much frozen their enrolment since the 19 eighties due to concerns over prestige. We'll also talk political taboos, will discuss the frictions between town and gown, and will ask whether colleges are doing enough, or anything, really, to shrink income inequality.
Enrollment is down for the first time in memory, and critics complain college is too expensive, too elitist, and too politicized. The economist Chris Paxson — who happens to be the president of Brown University — does not agree. (Part 3 of “Freakonomics Radio Goes Back to School.”)