ERIC Number: ED161345
Record Type: RIE
Publication Date: 1978-May
Reference Count: 0
The Condition of Kentucky's Independent Colleges, 1971-72 to 1975-76. AIR Forum Paper 1978.
Lunney, Gerald H.
The financial condition of independent colleges of Kentucky and eight state universities and the community colleges taken as a unit were studied. Data for the five-year study period 1971-72 to 1975-76 was obtained from forms of the Higher Education General Information Survey (HEGIS) and reports of the Kentucky Council on Higher Education and the Council of Independent Kentucky Colleges and Universities. The overall income-expenditure balance sheet over the period was analyzed using HEGIS reports. Examinations were made of several specific components of the financial problem, including personnel costs, maintenance, indebtedness, student financial aid, and energy cost. The ways in which the 20 member institutions are attempting to cope with the problems are discussed. It is concluded that some mechanism is needed that would increase the confidence of the independent colleges that their enrollments would be stable or would experience some small growth. Such confidence would enable them to do the long range planning that would increase their financial flexibility and assure their future service to the citizens. Statistical data are presented and a detailed analysis of certain income and expenditure data is presented. (SW)
Descriptors: College Faculty, Community Colleges, Costs, Data Analysis, Educational Finance, Expenditures, Financial Problems, Higher Education, Income, Institutional Research, Loan Repayment, Operating Expenses, Private Colleges, Retrenchment, School Funds, School Surveys, State Surveys, State Universities, Student Financial Aid, Trend Analysis
Publication Type: Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: N/A
Note: Paper presented at the annual Association for Institutional Research Forum (18th, Houston, Texas, May 21-25, 1978) ; Tables may be marginally legible