NotesFAQContact Us
Collection
Advanced
Search Tips
ERIC Number: ED568994
Record Type: Non-Journal
Publication Date: 2014
Pages: 209
Abstractor: As Provided
Reference Count: N/A
ISBN: 978-1-3038-9175-5
ISSN: N/A
The Impact of Revenue Diversification on the Financial and Educational Outcomes of Private Colleges and Universities during the Great Recession
Webb, James C.
ProQuest LLC, Ph.D. Dissertation, University of Michigan
The recent economic recession threatened all traditional revenue sources possessed by colleges and universities. Resultant tuition increases have led stakeholders to demand greater accountability and fostered increased focus upon strategic financing from administrators. This dissertation examines the economic and political trends that have placed the financial stability of many universities in peril. In this context, rationales for diversification are discussed including portfolio theory and resource dependence theory. Data were gathered on 814 private, non-research universities from multiple sources including the Delta Cost Project dataset and the Integrated Postsecondary Education Data System. Eight models were then developed using fixed effects regression analyses in order to assess the impact of revenue diversification and tuition dependence on the financial and educational outcomes of these institutions. While effects on educational outcomes were marginal, increasing revenue diversification in the years preceding the recession resulted in greater year-over-year total revenue per student but significantly reduced instructional expenditures per student. Implications are discussed both for public policy and institutional strategy. [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://www.proquest.com/en-US/products/dissertations/individuals.shtml.]
ProQuest LLC. 789 East Eisenhower Parkway, P.O. Box 1346, Ann Arbor, MI 48106. Tel: 800-521-0600; Web site: http://www.proquest.com/en-US/products/dissertations/individuals.shtml
Publication Type: Dissertations/Theses - Doctoral Dissertations
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A