| Publisher | Columbia University | ||
|---|---|---|---|
| Format | 187.4KB PDF | Date added | 25 May 2004 |
| Topics | Financial Management | ||
| Downloads | 90 | ||
Major changes have been occurring in how the United States finances its higher education system. Most striking has been the sharp drop over the past two decades in the public share of higher education finance and the recent interest in funding based on institutional performance. These major changes have in turn caused big shifts in how higher education institutions behave, leading them to sharply raise their tuitions, aggressively seek private funds, and cut costs by outsourcing services to external providers. Both the changes in funding and the shifts in how higher education institutions behave have many implications for the social role of higher education: for example, its role in providing equality of opportunity.
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