ERIC Number: ED225507
Record Type: RIE
Publication Date: 1983-Jan
Reference Count: 0
Intellectual Capital Formation.
Silber, John R.
Business Officer, p23-28 Jan 1983
Issues that are relevant to promoting the intellectual potential and trained competence of the U.S. population are addressed. Important concerns include the following: preventing retardation among unborn children and young children; providing essential early childhood experiences through programs such as Head Start; and insuring literacy among high school graduates. It is proposed that a phonetic system of reading instruction be reinstituted and that U.S. schools begin the practice of administering tests such as Great Britain's "A-level" and "O-level" examinations to determine students' overall learning progress. In addition, high admission standards by colleges of education can help insure the preparation of qualified teachers. It is suggested that intellectual capital formation is threatened by cutbacks in foreign language instruction and federal student financial aid. A Tuition Advance Fund (TAF) is recommended as the best approach to finance higher education. TAF would allow degree candidates to be advanced up to $7,500 (in 1982 dollars) to educational expenses, of which no more than $1,000 could be for nontuition expenses. After graduation, students would repay through a new payroll withholding tax. Funding for the program could come from programs that TAF would replace. (SW)
Descriptors: College Second Language Programs, Educational Needs, Educational Policy, Functional Literacy, Higher Education, Human Capital, Illiteracy, Intellectual Development, Labor Force Development, Loan Repayment, Second Language Instruction, Student Financial Aid, Student Loan Programs, Teacher Education, Tuition
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Opinion Papers; Journal Articles
Education Level: N/A
Authoring Institution: National Association of College and University Business Officers, Washington, DC.
Note: Paper presented at the Annual Meeting of the National Association of College and University Business Officers (1982).