Bound and Turner say larger college-age cohorts lead to lower per-student spending and reduced graduation rates
"Why College Supply Matters" - New York Times. 2/27/2014.
John Bound and Sarah Turner's work on how cohort crowding affects undergraduate graduation rates is cited in this column on the supply-side problem of educational attainment.
Additional Media Coverage:
"Evan Soltas' Wonkbook" - Washington Post. 2/28/2014.