Higher Education: Resources and Finance

By Seymour E. Harris | Go to book overview

170 POINTS BY WAY OF SUMMARY AND EMPHASIS

COST TRENDS (Chapter 1)
Rise of Expenditures. Over a period of sixty to seventy years, educational and general expeditures for higher education have risen much more than gross national product, the best measure of the size of our economy.
Expenditures Corrected for Prices. Since the price of higher education has risen much more than general prices, the gains of education vis-à-vis GNP are not so great as they at first seem.
The Lag of Unit Expenditures. But the rise of expenditures per student has not nearly matched that of per capita income. Hence the standards of higher education have not risen pari passu with those of the economy.
Gains a Maximum without Inflation. On a per student basis the largest gains seem to come in periods of growth, without inflation--e.g., in the 1920s.
Why Costs per Student Rise. Continued rises in per unit costs in stable dollars over this period of sixty to seventy years--despite the trend toward low-cost education and the increased size of the unit, a factor tending to reduce costs--may surprise many. Among the explanations are the rising standards in the economy which spill over to higher education through competition for goods and services, the difficulties confronting higher education in matching productivity gains in the economy, the rising proportion of students in the upper two years and graduate work, and the change in the product--e.g., the use of expensive equipment, provision of health, social activities, research.
Recent Gains in Expenditures and Needs in the 1960s. We need rises of 140 to 150 per cent in expenditures in the 1960s. At the rate of rise (in stable dollars) from 1950 to 1958, it will take twelve (not ten) years to achieve our objectives.

THE 1970 BUDGET (Chapter 2)
How Much? Operating expenses in 1960 dollars should require $9 to 10 billion as compared with around $4 billion in 1960. Rise of enrollment, increased pay levels, and matching the rise in the standards of the economy are especially relevant.
Where Will the Money Come From? I suggest a large absolute increase from all sources, but especially from government and tuition, and a

-xxi-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Higher Education: Resources and Finance
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 716

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.