The Center for Economic Education

The Center for Economic Education was founded along with the Kentucky Council on Economic Education at the University of Louisville in 1974 by Dr. Jack Morgan.

Center Mission and Objectives

The mission of the Center is to address social, economic, and educational inequity by providing training about personal finance; analyzing the economics of education, especially postsecondary education; and conducting original research related to personal finance and the economics of education. Our chief goal is to promote social mobility through personal finance and educational attainment. Specific objectives include:

  • Enhancing the knowledge and skills of personal finance for K-12 educators, college students, college administrators, and working adults;
  • Conducting qualitative and quantitative research on topics pertaining to higher education finance and affordability;
  • Facilitating workshops for employees in higher education on the topic of personal finance;
  • Hosting an annual conference on personal finance and financial wellness for higher education administrators who work with college students;
  • Explicitly connecting research to practice by using empirically-supported evidence to shape Center-developed initiatives.

See article in Uofl Today...

Hear their interview on UofL Today with Mark Hebert...

Differential Tuition Project Update

With support from the Spencer Foundation, Casey George, Gregory Wolniak (New York University), and Glen Nelson (Arizona State University) are investigating the practice of charging different amounts of tuition to undergraduate students based on their major and/or their class standing. The research team, supported by research assistants at each institution, are continuing to make progress on building a longitudinal database of differential tuition rates at four-year colleges and universities. This database will allow for more accurate understandings of the range of tuition rates, rather than relying on commonly reported averages.

Thus far, their findings show that universities are increasingly adopting differential tuition policies, but vary how they assess the rates of tuition and how they communicate differential tuition to prospective and current students and their families. The level of transparency in how differential tuition is communicated through university websites also varies, which raises concerns about how well students and their families understand the potential costs of college.

The research team is also preparing to launch a randomized experiment this spring, where survey respondents will be asked to interpret a set of tuition tables to investigate their accuracy of tuition amounts, including differential tuition rates.

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