ERIC Number: EJ832058
Record Type: Journal
Publication Date: 2009-Feb-13
Reference Count: N/A
In Rough Seas, Flagships Could Use a Course Correction
Schweber, Howard H.
Chronicle of Higher Education, v55 n23 pA43 Feb 2009
When people talk about the future of public universities, they are usually talking about the flagship state universities. Flagship state universities have greatly increased expenditures in the past decade. The goal of the flagship institutions has been to compete with the best private universities, based on the assumptions that state funds will be plentiful, and that students and their families will be able come up with the money. But both state support and tuition are becoming less secure as states face deficits and families find the cost of college increasingly difficult to meet. Overall, the price of tuition and fees has gone up 439 percent in the last 25 years, while median household income has risen 147 percent, with those gains being unevenly distributed). Student borrowing has more than doubled in 10 years. All of those developments occurred before the current economic crisis. The author discusses actions that public flagship institutions might take to alleviate their financial distress, including: (1) finding more money; (2) reconceiving the mission; (3) keeping the mission, but shrinking the institutions; (4) sharing pain by cutting pay for everyone or freezing hiring, increasing teaching load and saving money through attrition; and (5) changing nothing.
Descriptors: State Universities, Educational Change, Financial Problems, Income, Educational Finance, Institutional Mission, Resource Allocation, Retrenchment, College Faculty, Salaries, Educational Trends, Futures (of Society)
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: email@example.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Authoring Institution: N/A
Identifiers - Location: Wisconsin