ERIC Number: ED067985
Record Type: RIE
Publication Date: 1972-Jun
Reference Count: 0
The Rationale for Various Plans for Funding American Higher Education.
Leslie, Larry L.
This document discusses the various methods that might be used in funding higher education, with special emphasis on access to colleges and universities as related to educational finance. There are two major theories regarding the funding of higher education. The first is the individual benefits theory. Those who represent this theory claim that the individual student is the primary beneficiary of the education and therefore that the student should absorb most of the costs of getting an education. Those who support the second theory, the societal benefits theory, claim that society is the main beneficiary of higher education and that society should, therefore, be responsible for the financial burdens. The author agrees with the latter theory and feels that in order for access to higher education to be truly equal to all persons, society and not the individual must bear the major portion of education costs. (HS)
Descriptors: Educational Finance, Federal Aid, Financial Support, Higher Education, State Aid, Student Costs, Student Loan Programs
Center for the Study of Higher Education, 101 Rackley Bldg., The Pennsylvania State University, University Park, Pennsylvania 16802
Publication Type: N/A
Education Level: N/A
Authoring Institution: Pennsylvania State Univ., University Park. Center for the Study of Higher Education.