ERIC Number: ED190024
Record Type: RIE
Publication Date: 1980-Mar
Reference Count: 0
Lost in the Index.
McKnew, Charles R., Jr.
It is found that recent funding levels in Texas for faculty salaries and the purchase of books and other library materials have been drastically impaired by inflation. As a result, it is suggested that substantial increases in legislative appropriations will be required to prevent higher education from losing further ground. Faculty members have lost 15 percent of their buying power since 1969, in contrast to the experience of other workers in general. Real spending on library materials has declined by 20 percent since 1969. Continuing rises in the inflation rate will do further harm. Inflationary losses have had an unequal effect across the state. For instance, faculty in Houston have lost more purchasing power because of greater rises in inflation rates in that area. The study used the Texas Higher Education Price Index to measure cost changes in comparison with changes in the Consumer Price Index. Extensive data tables and charts illustrate the study's findings, and give figures for each institution in many cases. (MSE)
Descriptors: College Faculty, College Libraries, Cost Indexes, Financial Problems, Geographic Distribution, Higher Education, Inflation (Economics), Library Expenditures, State Aid, State Colleges, State Surveys, State Universities, Statewide Planning, Statistical Studies, Tables (Data), Teacher Salaries
Publications, Coordinating Board, Texas College and University System, P.O. Box 12788, Capitol Station, Austin, TX 78711
Publication Type: Reports - Research; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Texas Coll. and Univ. System, Austin. Coordinating Board.
Note: A Report to the Coordinating Board, Texas College and University System, on the Effect of Inflation on Public Senior Colleges and Universities in Texas.