The Finance of Higher Education: Theory, Research, and Policy / Edition 1

The Finance of Higher Education: Theory, Research, and Policy / Edition 1

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Algora Publishing
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The Finance of Higher Education: Theory, Research, and Policy / Edition 1

Offering an overview of governmental and institutional policies and practices, this book outlines the prominent theories and major areas of research in the field of higher education finance. Among the theoretical perspectives explicated are human capital theory, public sector economics, microeconomic theories of cost and productivity, and the price theory of microeconomics. Together, the 15 chapters provide policymakers a framework for analysis. Contributors include economists, social scientists, policy analysts, and university administrators. Annotation c. Book News, Inc., Portland, OR (

Product Details

ISBN-13: 9780875861357
Publisher: Algora Publishing
Publication date: 11/01/2001
Series: Higher Education
Edition description: New Edition
Pages: 600
Sales rank: 547,646
Product dimensions: 7.30(w) x 9.60(h) x 1.20(d)

Table of Contents

The Contributorsviii
Part IThe Revenues, Expenditures, Costs and Affordability of Higher Education9
1.Trends in Revenues and Expenditures for Public and Private Higher Education11
2.College Education: Who Can Afford It?39
Part IIEconomic Theories and the Finance of Higher Education53
3.The Economics of Human Capital and Investment in Higher Education55
4.The Economics of the Public Sector: The Nature and Role of Public Policy in the Finance of Higher Education95
5.Costs and Productivity in Higher Education: Theory, Evidence and Policy Implication133
6.Economic Perspectives on Rising College Tuition: A Theoretical and Empirical Exploration193
Part IIIFederal and State Policies and the Finance of Higher Education265
7.The Paradox of Growth in Federal Aid for College Students, 1960-1990267
8.State Efforts to Keep Public Colleges Affordable in the Face of Fiscal Stress321
9.State Policy and Private Higher Education396
Part IVTopics in the Finance of Higher Education417
10.The Role of Finances in Student Choice: A Review of Theory and Research419
11.Access to Postsecondary Education: Financing Equity in an Evolving Context439
12.Financing Private Colleges and Universities: The Role of Tuition Discounting461
13.Financing Community Colleges for a New Century480
14.College and University Budgeting: What Do We Know? What Do We Need to Know?501
Part VThe Finance of Higher Education in the Twenty-First Century543
15.The Finance of Higher Education: Implications for Theory, Research, Policy and Practice545
Author Index569
Subject Index578

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