ERIC Number: ED061896
Record Type: RIE
Publication Date: 1971-Dec
Reference Count: 0
The Financial Crisis in Higher Education: Past, Present, and Future.
Byrnes, James C.; Tussing, A. Dale
American higher education, according to the authors, is facing a financial crisis that can be alleviated only by drastic, increased federal support to the educational system. Presented in this document is a review of the financial history of American colleges and universities, a look at the present situation, and a preview of the future picture of higher education. Following the past, present, and future review is a discussion of whether a federal role in financing is implied, how much aid should be appropriated, and what form this aid should take. It is suggested that the federal government adopt a financial aid program that would combine institutional and student aid. An institutional grant and student loan program is offered as one major alternative. (HS)
Descriptors: Educational Finance, Federal Aid, Financial Needs, Financial Support, Government Role, Higher Education, Student Loan Programs
EPRC Publications, 1206 Harrison Street, Syracuse, New York 13210 ($1.25)
Publication Type: N/A
Education Level: N/A
Sponsor: Office of Education (DHEW), Washington, DC.
Authoring Institution: Syracuse Univ. Research Corp., NY.
Note: Revised December, 1971