Strategies and Consequences. Managing the Costs in Higher Education. ASHE-ERIC Higher Education Report No. 8 [microform] / John S. Waggaman
- Bib ID:
- 5546716
- Format:
- Book and Microform
- Author:
- Waggaman, John S
- Online Version:
- https://eric.ed.gov/?id=ED347921
Broken link? let us search Trove , the Wayback Machine , or Google for you.
- Description:
-
- Washington, DC : ERIC Clearinghouse on Higher Education, 1991
- 148 p.
- ISBN:
-
- 9781878380135
- 1878380133
- ISSN:
- 0884-0040
- Summary:
-
This report focuses on the need for better management of higher education resources in view of the rising costs and changing revenues now confronting higher education institutions in the United States. Rising costs and changing revenues are reflected in stagnating faculty salaries, a decline in enrollment, rising administrative and insurance costs, and a decline in government student aid. In addition, endowment earnings for 1989-90 have declined to their lowest in a decade, and a decline in the rate of growth has allowed the rate of inflation or other factors to add greater pressures. No single successful method of managing costs and revenues has come forward to date. Reports concerning cost management strategies show that cost control efforts must first clarify the mission of the institution before setting priorities among the programs (educational, service, administrative, student, etc.). Break-even analysis-based data collected concerning revenue and cost trends and projections is shown to be a good start. Break-even analysis can then reveal areas from which funds could be obtained for enhancements and new programs. However, these management actions need to be in place before the next financial emergency or short-term ad hoc solutions will result. Contains over 160 references and an index. (GLR)
- Notes:
-
- Availability: Publications Department, ASHE-ERIC Higher Education Reports, the George Washington University, One Dupont Circle, Suite 630, Washington, DC 20036-1182 (Single copy prices, including 4th class postage and handling:
- Sponsoring Agency: Office of Educational Research and Improvement (ED), Washington, DC.
- Contract Number: RI88062014.
- May also be available online. Address as at 14/8/18: https://eric.ed.gov/
- Reproduction:
- Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive.
- Subject:
-
- Budgeting
- College Administration
- Colleges
- Cost Effectiveness
- Costs
- Educational Finance
- Endowment Funds
- Federal Aid
- Finance Reform
- Financial Exigency
- Financial Needs
- Financial Problems
- Higher Education
- Income
- Inflation (Economics)
- Money Management
- Resource Allocation
- State Aid
- Student Financial Aid
- Universities
- Other authors/contributors:
- Available From:
- ERIC
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1991
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
Request this item
Request this item to view in the Library’s reading room.
Feedback
Similar items
- Possible Solutions for Financial Crises of the Public Sector of Higher Education [microform] / Stanley J. Heywood
- Higher Education Finance Issues [microform] : Briefing Paper
- Bond Management - Higher Education [microform]
- Who Benefits from Higher Education [microform] : and Who Should Pay? / Howard R. Bowen and Paul Servelle
- State Relationships with Independent Institutions of Higher Education and Assistance to Students Attending Independent Institutions of Higher Education [microform] / Richard S. Lewis