ERIC Number: ED172634
Record Type: RIE
Publication Date: 1979-Apr-12
Reference Count: 0
The Cost Structure of Higher Education: Implications for Governmental Policy in Steady State.
Lyell, Edward H.
The historical pattern of resource allocation in American higher education as exemplified by public colleges in Colorado was examined. The reliance upon average cost information in making resource allocation decisions was critiqued for the special problems that arise from student enrollment decline or steady state. A model of resource allocation for institutional and interinstitutional decision making was designed based on the separation of expenditures into fixed and variable cost components. Measures for full costing, including partial opportunity cost accounting were incorporated into the model. The UniversiLy of Colorado at Boulder was used to examine the cost structure in terms of average, marginal, variable, and fixed cost elements. The change in this cost structure was examined for a five-year period as personnel policies and enrollment changes were stimulated. Specific hypotheses were posited and tested. Results indicate areas of policy change and extensions for further research. It is concluded that a decrease in student number cannot be accommodated with the same policies as the growth period. A bibliography is included. (Author/SW)
Descriptors: Bibliographies, Budgeting, Conference Reports, Cost Estimates, Decision Making, Educational Finance, Enrollment Rate, Expenditures, Higher Education, Models, Needs Assessment, Personnel Policy, Policy Formation, Public Education, Research Projects, Resource Allocation, Retrenchment, State Colleges
Publication Type: Speeches/Meeting Papers; Reports - Research; Reference Materials - Bibliographies
Education Level: N/A
Authoring Institution: N/A
Identifiers: Colorado; University of Colorado Boulder
Note: Paper presented at the Annual Meeting of the American Educational Research Association (San Francisco, California, April 8-12, 1979)