ERIC Number: ED225434
Record Type: RIE
Publication Date: 1982-Oct
Reference Count: 0
The National Investment in Higher Education, 1982.
American Council on Education, Washington, DC. Association Council for Policy Analysis and Research.
The present status of higher education in the United States is considered, based on the theory of development of human capital, which proposes that the developed abilities of a nation's population are fundamental to its economic growth and well-being. Attention is also directed to social and cultural benefits. The following ideas are stressed: that U.S. higher education has become increasingly accessible to previously underserved populations and responsive to labor market needs, but that serious challenges remain for greater effort; that government investment in college students, through student aid, is an public investment in human capital and a means for ensuring educational opportunity; that U.S. universities play an essential part in basic research and the production of new knowledge; and that U.S. colleges and universities have an expanding role in providing opportunities for job training and retraining for workers of all ages. Undergraduate education is marked by diversity in goals and types of programs. In regard to graduate education, it is suggested that there is a need to expand graduate science, engineering, and related programs in order to meet critical national human capital needs. The fact that faculty are faced with problems of job security and deteriorating working conditions interferes with effective performance. The poor national economy adversely affects institutions' budgets, teaching and learning conditions, and research and scholarship; reductions in federal student aid threaten the continued accessibility of colleges. (SW)
Descriptors: Access to Education, College Role, Economic Factors, Education Work Relationship, Educational Benefits, Educational Demand, Financial Problems, Financial Support, Higher Education, Human Capital, Research, Retrenchment, Scholarship, Student Financial Aid
National Association for College and University Business Officers, Suite 510, One Dupont Circle, Washington, DC 20036 ($2.50 each, 1-3 copies; $1.50 each, 4-10 copies; $1.00 each, 10 or more).
Publication Type: Reports - Descriptive
Education Level: N/A
Sponsor: Ford Foundation, New York, NY.
Authoring Institution: American Council on Education, Washington, DC. Association Council for Policy Analysis and Research.