Author : Jeffrey R. Brown
Publisher : University of Chicago Press
Page : 343 pages
File Size : 33,62 MB
Release : 2015-01-08
Category : Business & Economics
ISBN : 022620183X
The recent financial crisis had a profound effect on both public and private universities. Universities responded to these stresses in different ways. This volume presents new evidence on the nature of these responses and how the incentives and constraints facing different institutions affected their behavior.
Author : Jeffrey R. Docking
Publisher : MSU Press
Page : 238 pages
File Size : 43,98 MB
Release : 2015-02-01
Category : Education
ISBN : 1628951338
In 2005 Adrian College was home to 840 enrolled students and had a tuition income of $8.54 million. By fall of 2011, enrollment had soared to 1,688, and tuition income had increased to $20.45 million. For the first time in years, the small liberal arts college was financially viable. Adrian College experienced this remarkable growth during the worst American economy in seventy years and in a state ravaged by the decline of the big three auto companies. How, exactly, did this turnaround happen? Crisis in Higher Education: A Plan to Save Small Liberal Arts Colleges in America was written to facilitate replication and generalization of Adrian College’s tremendous enrollment growth and retention success since 2005. This book directly addresses the economic competitiveness of small four-year institutions of higher education and presents an evidence-based solution to the enrollment and economic crises faced by many small liberal arts colleges throughout the country.
Author : Goldie Blumenstyk
Publisher : Oxford University Press, USA
Page : 217 pages
File Size : 23,13 MB
Release : 2015
Category : Education
ISBN : 0199374082
Disinvestment by states has driven up tuition prices, and student debt has reached an all-time high. Americans are questioning the worth of a college education, even as studies show how important it is to economic and social mobility
Author : Satasha L. Green
Publisher :
Page : 0 pages
File Size : 30,93 MB
Release : 2018
Category : Government aid to higher education
ISBN : 9781536134704
States have long provided substantial funding for public higher education, but changes in recent years have resulted in a decrease in their contributions. In many cases, states have justified this decrease with equalizing funding across institutions; this notion of being more equal is practiced more than at any other time in at least the previous two decades (Mortenson, 2012). More and more public colleges and universities are finding themselves with less state appropriations despite the steadily growing student demand for higher education since the mid-1970s (Mortenson, 2012). Financial exigency is an unforeseen fiscal situation, the degree to which compels a public college or university with reduced or eliminated stated funding to reevaluate programs, services and organizational structure, in order to reposition the institution to continue its mission within the changing economic environment. According to Land and Thompson (2018), a financial crisis is not unique to institutions of higher education. Any organization can experience a financial crisis; if there are not enough liquid funds to supply the demand of products and services, a financial crisis will occur. However, financial exigency is unique to higher education. Before declaring financial exigency, an institution must understand the process as well as the implications for this classification with state and federal agencies, accrediting bodies, students, faculty, staff, alumni and the surrounding communities. Therefore, if an institution has declared financial exigency there are serious implications for its recovery and survival. As more and more states significantly reduce and in some cases eliminate funding to public higher education, many state public institutions will have to do the unthinkable and declare financial exigency. To help colleges and universities that are contemplating declaring financial exigency, Declaring Financial Exigency In Higher Education: How Do You Recover? describes the experiences and strategies used by institutions that have declared and recovered from financial challenges. This book is in no way the answer to preventing or recovering from financial exigency; it is intended to share the stories, voices, experiences, and strategies used by others who have faced financial challenges. More specifically, this book provides background information on financial exigency, legal and compliance obligations during exigency, and lessons learned and recommendations for practice regarding preparing for, declaring and recovering from financial exigency. The authors of this book address several important topics critical to successful strategic planning and recovery from financial exigency.
Author : Nicholas Hartlep
Publisher : Taylor & Francis
Page : 319 pages
File Size : 19,87 MB
Release : 2017-05-18
Category : Education
ISBN : 1317272013
Capturing the voices of Americans living with student debt in the United States, this collection critiques the neoliberal interest-driven, debt-based system of U.S. higher education and offers alternatives to neoliberal capitalism and the corporatized university. Grounded in an understanding of the historical and political economic context, this book offers auto-ethnographic experiences of living in debt, and analyzes alternatives to the current system. Chapter authors address real questions such as, Do collegians overestimate the economic value of going to college? and How does the monetary system that student loans are part of operate? Pinpointing how developments in the political economy are accountable for students’ university experiences, this book provides an authoritative contribution to research in the fields of educational foundations and higher education policy and finance.
Author : Charlie Eaton
Publisher : University of Chicago Press
Page : 216 pages
File Size : 18,17 MB
Release : 2022-02-25
Category : Education
ISBN : 022672042X
Universities and the social circuitry of finance -- Our new financial oligarchy -- Bankers to the rescue : the political turn to student debt -- The top : how universities became hedge funds -- The bottom : a Wall Street takeover of for-profit colleges -- The middle : a hidden squeeze on public universities -- Reimagining (higher education) finance from below -- Methodological appendix : a comparative, qualitative, and quantitative study of elites.
Author : Nathan D. Grawe
Publisher : JHU Press
Page : 189 pages
File Size : 43,15 MB
Release : 2018
Category : Business & Economics
ISBN : 1421424134
"The economics of American higher education are driven by one key factor--the availability of students willing to pay tuition--and many related factors that determine what schools they attend. By digging into the data, economist Nathan Grawe has created probability models for predicting college attendance. What he sees are alarming events on the horizon that every college and university needs to understand. Overall, he spots demographic patterns that are tilting the US population toward the Hispanic southwest. Moreover, since 2007, fertility rates have fallen by 12 percent. Higher education analysts recognize the destabilizing potential of these trends. However, existing work fails to adjust headcounts for college attendance probabilities and makes no systematic attempt to distinguish demand by institution type. This book analyzes demand forecasts by institution type and rank, disaggregating by demographic groups. Its findings often contradict the dominant narrative: while many schools face painful contractions, demand for elite schools is expected to grow by 15+ percent. Geographic and racial profiles will shift only slightly--and attendance by Asians, not Hispanics, will grow most. Grawe also use the model to consider possible changes in institutional recruitment strategies and government policies. These "what if" analyses show that even aggressive innovation is unlikely to overcome trends toward larger gaps across racial, family income, and parent education groups. Aimed at administrators and trustees with responsibility for decisions ranging from admissions to student support to tenure practices to facilities construction, this book offers data to inform decision-making--decisions that will determine institutional success in meeting demographic challenges"--
Author : Christopher J. Lucas
Publisher : Palgrave Macmillan
Page : 312 pages
File Size : 42,63 MB
Release : 1998-03-15
Category : Education
ISBN : 9780312176860
Not since student turmoil and unrest wreaked havoc on the nation's campuses three decades ago has American higher education been the subject of so much controversy and popular criticism. Countless indictments compete for the public's attention as critics explore vital issues confronting today's institutions of higher learning: curricular fragmentation, declining academic standards, the apparent erosion of liberal learning within academe, widespread neglect of undergraduate education in favour of academic research and unprecedented financial woes. Confusion over fundamental priorities and purposes, the author argues, lies at the heart of the dilemma facing end-of-the-century higher education. Thoughtful and timely, Crisis in the Academy offers a wide-ranging analysis of contemporary higher education while making an important contribution to the ongoing public debate over the future of America's beleaguered and diverse institutions of higher learning.
Author : Richard A. Demillo
Publisher : MIT Press
Page : 357 pages
File Size : 18,3 MB
Release : 2017-03-03
Category : Education
ISBN : 0262533618
A report from the front lines of higher education and technology that chronicles efforts to transform teaching, learning, and opportunity. Colleges and universities have become increasingly costly, and, except for a handful of highly selective, elite institutions, unresponsive to twenty-first-century needs. But for the past few years, technology-fueled innovation has begun to transform higher education, introducing new ways to disseminate knowledge and better ways to learn—all at lower cost. In this impassioned account, Richard DeMillo tells the behind-the-scenes story of these pioneering efforts and offers a roadmap for transforming higher education. Building on his earlier book, Abelard to Apple, DeMillo argues that the current system of higher education is clearly unsustainable. Colleges and universities are in financial crisis. Tuition rises inexorably. Graduates of reputable schools often fail to learn basic skills, and many cannot find suitable jobs. Meanwhile, student-loan default rates have soared while the elite Ivy and near-Ivy schools seem remote and irrelevant. Where are the revolutionaries who can save higher education? DeMillo's heroes are a small band of innovators who are bringing the revolution in technology to colleges and universities. DeMillo chronicles, among other things, the invention of MOOCs (Massive Open Online Courses) by professors at Stanford and MIT; Salman Khan's Khan Academy; the use of technology by struggling historically black colleges and universities to make learning more accessible; and the latest research on learning and the brain. He describes the revolution's goals and the entrenched hierarchical system it aims to overthrow; and he reframes the nature of the contract between society and its universities. The new institutions of a transformed higher education promise to demonstrate not only that education has value but also that it has values—virtues for the common good.
Author :
Publisher :
Page : 60 pages
File Size : 31,89 MB
Release : 1982
Category : College attendance
ISBN :
