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ERIC Number: ED142260
Record Type: Non-Journal
Publication Date: 1977
Pages: 42
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
1970's Trends in Cost and Revenue Factors as Financial Health Indicators. Report No. 77-28.
Larkin, Paul G.
In order to develop a set of financial indicators useful for identifying long range trends in costs and revenues, this report reviews factors affecting financial health at Prince George's Community College (PGCC) from 1970 through 1976. In a three-part analysis, the author discusses (1) the measurement of financial well-being, (2) the indicators applicable to the college, and (3) the financial developments of the 1970's affecting PGCC. Part one considers the decline of credit hour costs in real dollars that occurred at PGCC between 1970 and 1976 and the influences on these costs, and reviews a national study in which PGCC was included that identified 16 discriminators of financially healthy institutions. Part two reviews the effects of student/faculty ratios, full-time faculty compensation, the ratio of fixed costs to total revenue, the relationship of plant assets to full-time equivalent students, and freshman/graduate and student/faculty ratios as indicators of financial well-being. Revenue and cost patterns are examined in part three, along with future financial projections. The text is supplemented by statistical data relevant to each section, and data from the national survey are appended, including financial health indicators, PGCC scores, and the interpreted values used for the analysis in this report. (RT)
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Prince George's Community Coll., Largo, MD. Office of Institutional Research.
Grant or Contract Numbers: N/A