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ERIC Number: EJ791978
Record Type: Journal
Publication Date: 2008-Apr-11
Pages: 1
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0009-5982
Colleges Curtail Costs but Rarely Count How Much They Have Saved, Report Says
Hermes, J. J.
Chronicle of Higher Education, v54 n31 pA20 Apr 2008
As higher-education institutions across the country struggle with constrained sources of funds, more than 80 percent of state institutions said they rely on energy-management programs to reduce operating costs, according to a report released by the American Association of State Colleges and Universities (Aascu). The report, based on a survey of 114 Aascu members and conducted from November 2007 to January 2008, found that while three in four colleges are satisfied with their cost-containment efforts, few keep track of their progress. A majority of institutions--more than 60 percent of those responding--said they did not regularly quantify their efforts to save money. The 29 institutions that did keep records reported a median savings of approximately $135 per student, or some $1-million a year per college, as a result of cost-containment activities. While many colleges and universities reported cutting costs in energy management, through conservation and energy-efficiency programs, for instance, a sizable number of institutions--61 percent of those responding--indicated that they belonged to purchasing consortia. What those groups most often buy collectively are computer services, liability insurance, office supplies, and library resources, according to respondents.
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A