Philip Trostel

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Philip Trostel

Philip TrostelPhilip Trostel is the author of the recent Lumina Foundation report “It's Not Just the Money: The Benefits of College Education to Individuals and to Society”. He is a Professor of Economics and Public Policy at the University of Maine, where he holds a joint appointment with the Margaret Chase Smith Policy Center and the School of Economics.  He received his PhD in economics from Texas A&M University in 1991.  Since then he has worked at North Carolina State University, Hong Kong University of Science & Technology, University of Warwick (England), Dartmouth College, University of Wisconsin-Madison, Colby College, and the New England Public Policy Center at the Federal Reserve Bank of Boston.

Professor Trostel is an applied micro-economist specializing in public finance.  Most of his research focuses on education policy, human capital, and fiscal policy.  His research has been supported by grants awarded from the National Science Foundation, American Educational Research Association, Brookings Institution, Lumina Foundation, and many others.  He has published articles in the Journal of Political Economy, Journal of Monetary Economics, National Tax Journal, Economic Inquiry, Labour Economics, Review of Regional Studies, Education Economics, Research in Higher Education, Journal of Education Finance, and other refereed journals.  He has also written dozens of newspaper opinion columns and policy reports intended for general audiences.