This book examines the issues surrounding the funding of higher education. The book is divided into 10 chapters: (1) "The Financing of Higher Education" (David S. Honeyman and Megan Bruhn); (2) "The Value of Investments in Higher Education: Capturing the Full Returns" (Terry S. Geske); (3) "State Funding Formulas: Promise Fulfilled?" (Mary P. McKeown); (4) "Accountability and Quality Evaluation in Higher Education" (John V. Lombardi and Elizabeth D. Capaldi); (5) "Benefit and Retirement Issues in Higher Education" (Jay L. Chronister); (6) "Responsibility-Centered Management: An Approach to Decentralized Financial Operations" (Edward L. Whalen); (7) "Funding Public Education With a State Lottery: Is Education the Winner?" (Susan Robinson Summers); (8) "Funding for Community Colleges: Changing Patterns of Support" (Dale F. Campbell et al.); (9) "Funding the Multipurpose Community College in an Era of Consolidation" (James C. Palmer); and (10) "Competition for Limited Resources: Realities, Prospects, and Strategies" (Richard L. Alfred). (Individual chapters contain references.) (MAH)