The Second Competitive Model of Higher Education

Part two of our special series for economics radio goes back to school. This is freconomics radio, the podcast that explores the hidden side of everything with your host, stephen duner. To day onfr economics radio will tell you why elite universities haven't grown very much. And the answer has to do with what they're really selling. Reputation matters. Why do students want these elite schools? The brad value for sure, but can an elite degree really change your lifecacal.