ERIC Number: ED065019
Record Type: RIE
Publication Date: 1972
Reference Count: 0
The Turning Point. A Study of Income and Expenditure Growth and Distribution of 48 Private Four-Year Liberal Arts Colleges, 1960-1970.
Jenny, Hans H.; Wynn, G. Richard
For the past decade private as well as public higher education institutions have been facing a financial crunch that has caused many institutions to close their doors. Five major factors have contributed to the economic crisis in higher education: (1) the decline of public confidence in higher education; (2) a change in the public and private priorities; (3) lack of accountability for the quality as well as the cost of higher education; (4) the power faculty enjoy without accompanying responsibility; and (5) the lack of quality management within colleges and universities. This document examines 48 private, 4-year liberal arts colleges and indicates changes in income and expenditures between 1967-68 and 1969-70, the student-faculty ratios and future resource requirements, and the future capital resource requirements. (HS)
Descriptors: Administration, Educational Economics, Educational Finance, Educational Planning, Financial Problems, Higher Education, Private Colleges
College of Wooster, Wooster, Ohio ($4.50)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Wooster Coll., OH.