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Background on the Speakers

Robert Archibald

Robert B. Archibald received his B.A. from the University of Arizona in 1968 and his Ph.D. from Purdue University in 1974. After two years at the Bureau of Labor Statistics in Washington, he came to William and Mary in 1976. He teaches macroeconomics, statistics, and a seminar in behavioral economics.

Professor Archibald’s research lies in the area of macroeconomics, particularly focusing on the effects of research and development on economic growth and on the effects of irrational behavior on the microeconomic foundations of macroeconomics. Professor Archibald spent a very interesting year during the 1996–97 academic year as the interim dean of the faculty of Arts and Sciences. Widely published, he is coauthor of Why Does College Cost So Much?

David Feldman is chair of the department of economics at William and Mary, where he has taught since 1989. A graduate of Kenyon College, he completed his M.A. and Ph. D. in economics at Duke University. His first teaching position was at Colgate University.

David Feldman

The international economy is the focus of most of his teaching, offering courses on international trade, economic integration, and international relations.

His early research was in the fields of international trade and economic development. Most of this work was about the causes and consequences of global economic integration. Over the last decade, however, his professional writing has gravitated toward issues in higher education. Much of this work is coauthored with Robert Archibald. Why Does College Cost so Much? is a good example of this collaboration.

Sandy Baum is an independent higher education policy analyst and consultant. Senior Fellow at the George Washington University School of Education and Human Development and Professor Emerita of Economics at Skidmore College, Baum earned her B.A. in sociology at Bryn Mawr College and her Ph.D. in economics at Columbia University. She has written and spoken extensively on issues relating to college access, college pricing, student aid policy, student debt, affordability, and other aspects of higher education finance.

Sandy Baum

Baum is a Senior Associate at the Institute for Higher Education Policy, Affiliated Consultant for HCM Strategists, and consultant to the College Board. Dr. Baum has managed and co-authored the annual publications, Trends in Student Aid and Trends in College Pricing for the College Board since 2002.  She also developed and co-authors Education Pays: The Benefits of Higher Education for Individuals and Society for the College Board.  She co-chaired the Rethinking Student Aid study group, which issued comprehensive proposals for reform of the federal student aid system and is managing a study of the impact of student aid simplification on states, funded by the Lumina Foundation, as well as a Brookings Institution project on improving the equity and efficiency of state grant policies. Other recent work includes studies of concepts of college affordability, the non-financial barriers to college access, and tuition discounting in public and private colleges and universities.

Jamie P. Merisotis, graduate of the Bates Class of 1986 and a member of the Bates College Board of Trustees, is president and CEO of Lumina Foundation for Education, the nation’s largest private foundation committed solely to enrolling and graduating more students from college. Long a champion of the idea that higher education enhances both society and individuals, Merisotis has worked for decades to increase educational opportunity among low-income, minority and other historically underrepresented populations.

Jamie P. Merisotis

At Lumina, Merisotis is continuing that effort by employing a strategic, outcomes-based approach in pursuing the Foundation’s mission of expanding college access and success. Under his leadership, Lumina has embraced an ambitious and specific goal: to ensure that, by 2025, 60 percent of Americans have high quality two-year or four-year degrees—up from the current level of 40 percent. It is Merisotis’s aim that all of Lumina’s efforts and activities—grant making, communication, evaluation, policy advocacy and convening—work toward achieving that goal.

Before joining Lumina Foundation in January 2008, Merisotis was founding president of the Institute for Higher Education Policy. Established in Washington, D.C., in 1993, IHEP is an independent, non-partisan organization regarded as one of the world’s premier higher-education research and policy centers. Prior to founding IHEP, Merisotis had served as executive director of the National Commission on Responsibilities for Financing Postsecondary Education, a bipartisan commission appointed by the U.S. president and congressional leaders. He authored the commission’s final report, Making College Affordable Again, and many of the commission’s recommendations became national policy during the 1990s.