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ERIC Number: ED024344
Record Type: RIE
Publication Date: 1968-Apr
Pages: 34
Abstractor: N/A
Reference Count: 0
The Federal Financing of Higher Education.
Association of American Universities, Washington, DC.
Solutions to the urban crisis, the Vietnam war, and other national problems require, and could be met by, the knowledge and manpower developed in American colleges and universities. But a severe financial crisis increasingly threatens even their normal operations. Enrollments have risen by about 3.5 million since 1930, with a large segment of this growth occurring in the past 10 years. Between 1955 and 1965, student bodies grew by 2.9 million and total expenditures and income increased from $3.4 to over $14.9 billion. Current federal assistance includes student aid, research grants and contracts, and construction funds. Most of this support takes the form of categorical aid, or programs linked to a specific federal agency. Future manpower requirements will help to raise enrollments to approximately 8 million in 1975. Broad institutional grants could narrow the gap between income and expenditures. More funds for research libraries, computers, international studies, and the arts and humanities are needed as well as new aid programs for areas of public concern such as inner cities, pollution, and improvement of elementary and secondary education. As federal support programs increase, better coordination among them and more communication between their policy makers and educational leaders are necessary. (WM)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Association of American Universities, Washington, DC.