ERIC Number: ED081382
Record Type: Non-Journal
Publication Date: 1972-Jul
Reference Count: N/A
Financing Postsecondary Education. Statement to the Joint Committee on the Master Plan for Higher Education of the California Legislature, April 12, 1972.
Balderston, F. E.
The paper discusses alternative forms of financing for postsecondary education. Most will agree that higher education is too costly to leave to the natural devices of the marketplace. The basic fiscal alternatives are: (1) to privatize the offerings of educational services and the decision to buy them; (2) to make the offering of educational services a nongovernmental function organized and offered entirely by non-profit (and possibly profit-making) corporations; and (3) to provide tax support for institutional operations and whatever degree of subsidy to the other cost of attendance may be felt necessary on public policy grounds. Each of these basic alternatives has implications for the numbers of students from each segment of society who would obtain education beyond high school, the mode of operation of educational institutions, the extent of public policy control and responsiveness to perceived public policy needs, and the incidence of cost. In short, the author argues that the fiscal pattern that should be chosen depends on one's view of what individuals and society seek to accomplish via higher education. Some specific objectives for California higher education are discussed. (Author)
Descriptors: Costs, Educational Economics, Educational Finance, Higher Education, Master Plans, Postsecondary Education
Ford Foundation, 2288 Fulton Street, Berkeley, California 94720
Publication Type: N/A
Education Level: N/A
Sponsor: Ford Foundation, New York, NY.
Authoring Institution: California Univ., Berkeley. Ford Foundation Program for Research in Univ. Administration.
Identifiers - Location: California