ERIC Number: ED234113
Record Type: RIE
Publication Date: 1983-Apr-16
Reference Count: 0
Financing Traditionally Black Institutions of Higher Education.
Gillespie, Bonnie J.
Black institutions of higher learning have traditionally been underfunded, and this problem is especially acute today. In view of this, the major objective of this paper is to glean, from a survey of the literature, the various methods of financing that are being used in colleges and universities throughout the country, with the hope that some of these methods will be applicable and helpful for black colleges and universities. A discussion of the significant contributions of these institutions is followed by a dynamic model of a black college or university, to be used as an organizing conceptual tool for the discussion of different modes of financing. The need for a formalized management information system is also described. The realities of high inflation, energy costs, decreased enrollments, and decreased student aid, and how they impact on black colleges, are discussed. Traditional methods of financing are surveyed, and it is suggested that most profitable in the long run probably would be the proper packaging and marketing of what a given black college has to offer its students. The need for innovative financing approaches is stressed, and several ideas are presented, including: (1) tax exempt bonds; (2) tuition freezes; (3) variable or sliding tuition; and (4) work-service/barter modes. (CMG)
Publication Type: Opinion Papers; Information Analyses; Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: N/A
Note: Paper presented at the Annual Conference of the National Association for Equal Education Opportunity (8th, Washington, DC, April, 1983). Portions may be marginally legible.