ERIC Number: ED195199
Record Type: RIE
Publication Date: 1980
Cost Studies in Higher Education. The AIR Professional File, No. 7, Fall 1980.
Hample, Stephen R.
A guide to cost studies in higher education is presented, with emphasis directed to the response of a four-year public institution to an externally mandated cost study. Cost studies are usually requested to guide budget allocations, either from an internal campus need or from outside pressures. Although much effort has been expended by various groups, and although accounting guidelines have been developed, no standard cost procedures or national norms exist. Basic considerations involved in cost studies include: direct and indirect costs, breaking costs down by field, allocating costs by level of instruction, relating costs per student credit hours to costs per student per quarter, and relating costs per student credit hours to the cost of degrees. Other items, such as whether to include vocational or continuing education courses and costs, will arise depending on the type of institution being studied and the purpose of the study. Variations in local accounting methods, administrative organization, and program emphasis preclude easy comparisons of costs among institutions. Some philosophical considerations often raised concerning cost studies are noted. It is concluded that with the pressures of inflation and changing enrollment, cost studies will continue to play an increasing role in administrative decisions. (SW)
Descriptors: Accountability, Budgets, College Administration, College Planning, Cost Effectiveness, Decision Making, Educational Finance, Higher Education, Institutional Research, Program Costs, Resource Allocation, School Accounting, State Colleges, Statistical Analysis
Association for Institutional Research, 314 Stone Building, Florida State University, Tallahassee, FL 32306
Publication Type: Information Analyses
Education Level: N/A
Authoring Institution: Association for Institutional Research.
Note: Not available in paper copy due to marginal legibility of original document.