Managing Colleges and Universities: Issues for Leadership

By Allan M. Hoffman; Randal W. Summers | Go to book overview

cilities, student unions, and grounds to make their campuses more attractive to prospective students. Institutions that experienced rising enrollments did not experience a concurrent growth in resources for faculty and facilities. The number and size of course sections taught did not meet student demand and was often restricted by limited classroom space and the number of faculty available to teach.

Resource limitations in the 1990s meant that colleges and universities could not do as much as they did in the past. Where institutions chose to spend these limited funds had implication for time-to-degree rates.


SUMMARY

The higher education environment in the 1990s differed significantly from the environment of previous decades. Continued growth, changing student demographics, diminished revenue sources, coupled with increased concern over accountability for monitoring the relationship between performance and finance presented new challenges for postsecondary education. Outcome measurements assumed a new importance with the growing public demand for accountability. Traditional outcome measurements such as graduation rates, student employability upon graduation, persistence and retention rates, and economic and social returns of the education process gained greater importance in assessing the effectiveness of colleges and universities.


ACKNOWLEDGMENT

This chapter was prepared with the assistance of Karen Sayles.


REFERENCES

Alexander K. 1993. The Value of Education: 86. In David W. Breneman, Larry L. Leslie , and Richard E. Anderson, eds., ASHE Reader on Finance in Higher Education, Washington, DC: Association for the Study of Higher Education.

Becker W. E. and Lewis D. R. eds. 1992. The Economics of American Higher Education. Boston: Cluwer Academic Publishers.

Caffrey J. and Isaacs H. H. 1971. Estimating the Economic Impact of a College or University on the Local Economy. Washington, DC: American Council on Education.

Cohn E. and Geske T. G. 1990. The Economics of Education, 3rd ed. New York: Pergamon Press.

Garcia P. May. 1994. Graduation and Time to Degree: A Research Note from the California State University. Eric Document Reproduction Services, No. 373 643.

Goldstein H. A. 1990. Estimating the Regional Economic Impact of Universities: An Application of Input-Output Analysis. Planning for Higher Education 18: 53.

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