This is the third episode in a series were freconomics radio goes back to school. We wanted to speak with paxon because we thought she could answer a lot of our questions about college generally. Why has college become so expensive? Why do the top schools refuse to grow? And what are schools like brown doing with those billions and billions of endowment dollars?
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.”)