ERIC Number: ED024334
Record Type: RIE
Publication Date: 1968-Aug
Reference Count: N/A
Alternative Methods of Federal Funding for Higher Education.
Wolk, Ronald A.
The level and nature of federal support exert substantial influence on the development of higher education and are thus issues which excite a great deal of controversy. Of the 5 major methods of funding--categorical aid, student aid, tax relief, institutional grants, and revenue sharing--the great bulk of direct aid has been channeled through the first 2 alternatives. Recently, support has grown in the educational community for across-the-board grants to colleges and universities based on a formula acceptable to various types of institutions. Proposals for some form of tax relief, including tax credits, have been introduced in recent sessions of Congress; and several revenue-sharing proposals have been widely endorsed by legislators, though not by educators. The search for coherent and long-range programs will intensify, so to determine which methods should be used and to what degree, the impacts, advantages and disadvantages of the 5 methods are reviewed. Views of major higher education associations are discussed and the Amendments to the higher Education Act of 1965 summarized. In addition, the level of federal obligations by program, 1966-68, is itemized and a list of federal aid programs including graduate, undergraduate and postdoctoral assistance are presented. Specific legislative proposals by Congress and by concerned organizations are included. (JS)
Descriptors: Educational Finance, Federal Aid, Federal Legislation, Federal Programs, Financial Needs, Financial Support, Grants, Higher Education, Legislation, Tax Allocation
Carnegie Commission, 1947 Center Street, Berkeley, California 94704 ($2.00).
Publication Type: N/A
Education Level: N/A
Authoring Institution: Carnegie Commission on the Future of Higher Education, Berkeley, CA.