ERIC Number: ED207368
Record Type: RIE
Publication Date: 1980
Reference Count: 0
The Costs of Higher Education: How Much Do Colleges and Universities Spend per Student and How Much Should They Spend?
Bowen, Howard R.
The question of what American colleges and universities should spend to educate their students is addressed. Both societal and institutional factors that determine the costs of colleges' educating their students and longitudinal changes in the unit cost of higher education are examined. The following issues are considered: long-term trends in unit cost, faculty and staff compensation as a major element of cost, costs that have been socially imposed as the nation has tried to protect and enhance social welfare, and undermaintenance of assets. In addition to examining the higher education system as a whole, a sample of institutions are also assessed. Cost differences among institutions, institutional affluence and patterns of resource allocation, effect of institutional affluence on educational outcomes, and economies and diseconomies of scale are analyzed. Implications of the study of national trends and of the study of individual institutions are discussed. Appended materials concern: sources and methods for allocating total expenditures, historical trends in the costs of higher education institutions, and sources and methods of analysis for data on institutional costs. References are included. (SW)
Descriptors: College Administration, Comparative Analysis, Compensation (Remuneration), Cost Effectiveness, Educational Economics, Educational Finance, Expenditure per Student, Expenditures, Fiscal Capacity, Higher Education, Income, Instructional Student Costs, Longitudinal Studies, Money Management, Program Costs, Resource Allocation, School Funds, Trend Analysis, Unit Costs
Jossey-Bass Inc., Publishers, 433 California Street, San Francisco, CA 94104.
Publication Type: Books; Information Analyses; Reports - Research
Education Level: N/A
Sponsor: EXXON Education Foundation, New York, NY.; Ford Foundation, New York, NY.
Authoring Institution: Carnegie Council on Policy Studies in Higher Education, Berkeley, CA.