Clearer accounting of the ownership of and yield from public assets could
augment public revenues, empowering the government to address public and household debt, income and wealth inequality and a lack of affordable housing.
[2] Focusing on
public, non-selective institutions between 1990 and 2013, the authors use institution - level data on enrollments, degree completions, tuition prices, total
revenues, and expenditures from the Integrated Postsecondary Education Data System (IPEDS), and
augment this with data on how much state legislatures appropriate for higher education each year.