ERIC Number: ED345595
Record Type: RIE
Publication Date: 1991
Higher Education Infrastructure: The Federal Role.
Merisotis, Jamie P.; And Others
ACE Research Briefs, v2 n7 1991
This research brief documents higher education's infrastructure needs, examines the effectiveness of existing financing vehicles and methods, and explores new approaches and methods of financing and long-term investment for buildings, equipment, and facilities. Currently, the bulk of capital funding occurs at the state level, and to a lesser extent, at the institutional level, yet this brief calls for a more collaborative funding effort, with the federal government joining this partnership. It is noted that current financing vehicles are inadequate to fund the necessary overhaul of higher education facilities, but that with structural changes such as those suggested in the brief, the federal government could work with states and institutions to enhance the status of higher education facilities. It is suggested that two federal strategies could leverage investments by other sectors: first, a matching grant program could provide funds to help higher education institutions reduce the $60 billion backlog; and second, the federal government could include colleges and universities in two initiatives for financing national infrastructure, a tax-exempt infrastructure bond, and an infrastructure trust fund. Contains a 14-item bibliography. (GLR)
Descriptors: Comparative Analysis, Educational Facilities, Equipment Maintenance, Expenditures, Facility Improvement, Federal Government, Financial Needs, Government Role, Higher Education, Investment, Needs Assessment, School Maintenance, State Federal Aid, Trend Analysis
American Council on Education, One Dupont Circle, Washington DC 20036.
Publication Type: Collected Works - Serials; Information Analyses
Education Level: N/A
Authoring Institution: American Council on Education, Washington, DC. Div. of Policy Analysis and Research.