ERIC Number: ED052706
Record Type: RIE
Publication Date: 1971-Apr
Reference Count: 0
On the Growth and Financing of Post-Secondary Education: Who Pays, Student or Taxpayer?
Byrnes, James C.
Postsecondary education in the United States is in a state of financial crisis. The two reasons for this are: (1) the college age population increased at a rate of 4.2 percent per year during the 1960's; and (2) during the 1960's the locus of growth in the number of years of formal education completed by the young shifted from secondary to postsecondary levels. During the 1960's, the average number of staff members per student declined at a rate of minus 1.5 percent per year, and dollar expenditure per staff member increased by only 1.0 percent per year, as opposed to a 3.3 percent increase for the average U.S. family. Because a college education can help the individual achieve a higher lifetime income, it cannot be restricted to anyone for arbitrary reasons. More important, a college education gives a person an opportunity to enhance his skills and abilities, and it is society that ultimately benefits. Society should therefore finance the future growth in postsecondary education by creating two new programs of educational aid. One should be a general per student-year grant sufficient to provide a basic minimum level of resources to any non-profit organization that provides educational services of a nonexclusive nature. The second program would permit students to finance as much of their expenses as they wish through a government postsecondary education tax foundation. (AF)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Syracuse Univ. Research Corp., NY. Educational Policy Research Center.
Note: Paper prepared for the Educational Staff Seminar on Alternatives in Post-Secondary Education, Educational Policy Research Center, Syracuse University Research Corp., Syracuse, N.Y., April 30-May 1, 1971