ERIC Number: ED081383
Record Type: RIE
Publication Date: 1972-Mar
Reference Count: 0
Varieties of Financial Crisis.
Balderston, F. E.
The various forms of financial stress that academic institutions may face are examined. The Earl Cheit and Alice Rivlin concepts of financial stress are reviewed. The author then offers five conceptually different models of financial stress which are briefly discussed: (1) expanded academic aspiration; (2) time passing; (3) stabilization after growth; (4) conscientious overcommitment; and (5) income tapering. The cost trends in various academic operations are described and the major educational resources used in terms of costs are reviewed. The author concludes that the Federal Government is the only source that can alleviate financial problems facing higher education. (Author)
Descriptors: Costs, Educational Economics, Educational Finance, Federal Aid, Financial Problems, Financial Support, Higher Education, Models
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.