ERIC Number: ED207419
Record Type: RIE
Publication Date: 1977-Oct-13
Reference Count: 0
The Corporate Stake in Higher Education: An Underdeveloped Potential.
Fey, John T.; And Others
Perspectives on corporate support of higher education are considered by three business executives. Introductory comments are presented by Raymond C. Johnson, of the Council for Financial Aid to Education, an organization that encourages increased voluntary support of higher education, especially by business, through advertising campaigns, consultation services, research on educational philanthropy, and information dissemination. John T. Fey of the Equitable Life Assurance Society of the United States considers the complex financial problems confronting colleges and universities and the crisis in private higher education based on declining student enrollments, rising costs, and changing patterns of enrollments (nontraditional students and shifts in educational specialties). Stephen H. Fuller of General Motors Corporation suggests that in the present state of high inflation and energy crisis industry should help higher education by providing financial aid, professional expertise, and cooperative job opportunities or other work experiences for students. In turn, higher education should strive for excellence in its endeavors, should have a strategy for maintaining its goals, and should effectively manage its resources. Robert L. Payton of Exxon Education Foundation offers some suggestion regarding fund raising for colleges and universities. It is noted that many companies have guidelines for their contributions and that the amount of information about corporate and foundation giving is greater than it has ever been. (SW)
Descriptors: Cooperative Education, Educational Finance, Financial Problems, Fund Raising, Grantsmanship, Higher Education, Industry, Private Colleges, Private Financial Support, School Business Relationship, State Colleges
Council for Financial Aid to Education, Inc., 680 Fifth Avenue, New York, NY 10019.
Publication Type: Opinion Papers; Speeches/Meeting Papers
Education Level: N/A
Sponsor: Ford Foundation, New York, NY.
Authoring Institution: Council for Financial Aid to Education, New York, NY.
Note: Panel presentation of the Council for Financial Aid to Education at the Annual Meeting of the American Council of Educaton (60th, Washington, DC, October 13, 1977).