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Books > Social sciences > Education > Organization & management of education > Funding of education
College cost per student has been on the rise at a pace that matches ? or exceeds ? healthcare costs. Unlike healthcare, though, teaching quality has declined, and rapidly rising costs and declining quality are not trends easily forgiven by society. The College Cost Disease addresses these problems, providing a behavioral framework for the chronic cost/quality consequences with which higher education is fraught. Providing many compelling insights into the issues plaguing higher education, Robert Martin expounds upon H.R. Bowen?s revenue theory of cost by detailing experience good theory, the principal/agent problem, and non-profit status. Reputation competition dominates higher education. Students and their parents, and public opinion in general, associate higher tuition with higher quality and greater accolades; price is used as a proxy for quality only when consumers are uncertain about quality prior to purchase. Higher education services are the most complex types of ?experience goods?; a service whose quality can only be determined after a purchase has been made. Applying formal economic theory to higher education, Robert Martin examines how and why attempts to control costs are controversial and the damaging effects these controversies have on institutions? reputations. Arguing that the college access problem cannot be solved until colleges and universities find a way to control their costs, this book brings to the fore the leading ideas that will bring about much-needed budgetary reform in higher education.Governing boards, administrators and faculty members should find much to think on and learn from here; parents, students, alumni and taxpayers will find the research and conclusions alarming, though eye-opening.
Performance-Based Funding in Higher Education examines the touted aims of higher education policies over the past thirty years. The focus on job creation and increased graduation rates has distracted educators, students, and surrounding communities from an educator's traditional and valued role as the promoter of democracy and critical citizenship. Letizia contends that institutions of higher education must redirect and promote their policies so that this aim is achieved and acknowledged. Recommended for scholars of education, sociology, political science, and philosophy.
In recent decades, the crisis of college affordability has emerged as one of the defining challenges of our era. Since 1978, college tuition and fees have soared by 1,120 percent, growing at three times the rate of housing prices and four times the rate of the increase in the hourly wage. The inevitable consequence has resulted in a national student debt that surpassed $1.3 trillion in 2015, crushing the average household under $35,000 in student debt. Breaking Point explains flaws in the structure of higher education that have caused college prices to soar over our lifetime, including "prestige maximization," a perpetual "amenities war," and a predatory lending industry that has not only fostered but encouraged the explosion of college costs. To counter this trend, Kevin Connell proposes several bold solutions that are intended to induce colleges and lenders alike to redefine the structure, price, and ultimate purpose of higher education in America.
This Brief explores school funding reform in the states of Kentucky and Tennessee. In 1990, Kentucky passed the Kentucky Education Reform Act designed to overhaul that state's education system. Two years later, Tennessee passed the Education Improvement Act which included the Basic Education Plan, designed to foster equity in funding among the state's schools. Initiated as a result of lawsuits against the states' educational systems, both programs dealt with school funding, specifically funding equalization among districts. This Brief examines the environments that precipitated funding reform in each state as well as the outcomes of the reforms on student achievement. The similarities and differences between the approaches in each state are analyzed and compared to related reform programs in other states. An in-depth study of regional educational reform in the United States, this Brief is of use to public policy scholars as well as education policy consultants and other school system or state education leaders.
Whether it is requests for bricks and mortar or more operating money, each election type and context is unique with no guarantee that a set of campaign strategies successful in one district will not fail in another community. If successful campaigns were not such a delicate balance of science and art, the key to success would have long since been discovered, resulting in significantly more school districts winning at the ballot box. As members of the baby-boom generation collectively watch their last child receive a diploma from our nation's public schools, passing school tax elections is going to be even more difficult, promising tougher battles with the electorate and tighter margins between success and failure. School Tax Elections represents a marriage of research and successful practice, presenting a comprehensive planning model for school leaders preparing for and conducting school tax elections. Information presented emphasizes systems and strategies rather than specific campaign tactics, allowing school leaders to elevate their thinking to a more comprehensive and long-range vision of election planning. The authors provide school leaders with important resources to guide their planning and execution of school tax elections.
In recent decades, the crisis of college affordability has emerged as one of the defining challenges of our era. Since 1978, college tuition and fees have soared by 1,120 percent, growing at three times the rate of housing prices and four times the rate of the increase in the hourly wage. The inevitable consequence has resulted in a national student debt that surpassed $1.3 trillion in 2015, crushing the average household under $35,000 in student debt. Breaking Point explains flaws in the structure of higher education that have caused college prices to soar over our lifetime, including "prestige maximization," a perpetual "amenities war," and a predatory lending industry that has not only fostered but encouraged the explosion of college costs. To counter this trend, Kevin Connell proposes several bold solutions that are intended to induce colleges and lenders alike to redefine the structure, price, and ultimate purpose of higher education in America.
Developed as a companion to Embedded Formative Assessment, 2nd edition, this handbook guides K-12 teachers through the process of developing effective formative assessments. Inside its pages, you'll find tried-and-tested classroom strategies, practical how-tos, and exercises designed to guide implementation. The book also includes discussion questions that can be answered as teams or used for individual reflection. Learn how to implement the strategies of formative assessment in the classroom: Explore research that states classroom formative assessment is the most impactful (and cost-effective) approach to raising student academic achievement. Review the five key strategies of classroom formative assessment. Gain more than 50 practical techniques for classroom formative assessment. Clarify and share learning intentions and success criteria, elicit evidence of student achievement, and give feedback that moves learning forward. Understand that teacher quality remains the most important determinant of student engagement and learning. Contents: Chapter 1: Understanding Formative Assessment Chapter 2: Clarifying, Sharing, and Understanding Learning Intentions and Success Criteria Chapter 3: Eliciting Evidence of Learners' Achievement Chapter 4: Providing Feedback That Moves Learning Forward Chapter 5: Activating Students as Instructional Resources for One Another Chapter 6: Activating Students as Owners of Their Own Learning Appendix: Observation Tools References and Resources
Community colleges were established to provide an accessible, affordable education and have largely met this charge. Access without success, however, does not benefit the student and traditional planning, operational and financial management, and infinite enrollment growth strategies have not produced positive student outcomes. The Great Recession, disinvestment in higher education, and increasing costs and competition have further exacerbated the inability to deliver better results. Community colleges need an operational framework structured for student success. The community college needs a redesigned business model. This publication breaks new ground by introducing the community college business model (CCBM), an intentionally designed operational management approach that provides a comprehensive approach to understanding students and meeting student needs by providing an exceptional educational experience. Supported by a fiscal management that targets finances to support student learning and success, the model guides the reader through the growth, development, and leveraging of the resources (human, physical, and intellectual) necessary for delivering a successful educational journey. The CCBM is designed to restructure community colleges for delivery of a student value proposition built on learning and success. The philosophical underpinning of the book is that student success is the ultimate measure of organizational effectiveness.
Elite colleges have long played a crucial role in maintaining social and class status in America while public universities have offered a major stepping-stone to new economic opportunities. However, as Charlie Eaton reveals in Bankers in the Ivory Tower, finance has played a central role in the widening inequality in recent decades, both in American higher education and in American society at large. With federal and state funding falling short, the US higher education system has become increasingly dependent on financial markets and the financiers that mediate them. Beginning in the 1980s, the government, colleges, students, and their families took on multiple new roles as financial investors, borrowers, and brokers. The turn to finance, however, has yielded wildly unequal results. At the top, ties to Wall Street help the most elite private schools achieve the greatest endowment growth through hedge fund investments and the support of wealthy donors. At the bottom, takeovers by private equity transform for-profit colleges into predatory organizations that leave disadvantaged students with massive loan debt and few educational benefits. And in the middle, public universities are squeezed between incentives to increase tuition and pressures to maintain access and affordability. Eaton chronicles these transformations, making clear for the first time just how tight the links are between powerful financiers and America's unequal system of higher education.
For more than fifteen years "The Graduate School Funding Handbook" has been an invaluable resource for students applying to graduate school in the United States or abroad, at the master's, doctoral, and postdoctoral levels. Illuminating the competitive world of graduate education funding in the arts, humanities, sciences, and engineering, the book offers general and specific information in an intelligent, comprehensive, and straightforward manner so that readers can save time and make winning grant and fellowship applications.The authors include detailed descriptions of the types of funding offered graduate students, ranging from tuition scholarships to assistantships, work-study opportunities, and university loan programs. In addition, the handbook thoroughly covers the availability of nationally prominent grants and fellowships through the federal government and private organizations. This revised third edition provides a wealth of additional information and advice and details a number of new grant opportunities including several aimed at women, minorities, and other underrepresented student groups. Covering fellowships and grants for individual training, study abroad, research, dissertations, and postdoctoral work, the book includes useful addresses, deadlines, number of available awards, number of applicants, purpose of grants and restrictions, duration of awards, applicant eligibility, and application requirements. The information is comprehensive, detailed, and current, based on data from funding agencies through interviews, review of application packets, web site information, and the authors' many years of experience in the field.
Fundraising Strategies for Community Colleges is a hands-on, step-by-step guide to building a million-dollar-a-year development office. Community colleges educate nearly half the undergraduates in America yet receive as little as two percent of all gifts to higher education. Private philanthropy is now essential to the mission of community colleges. In order to gain a fair share, community colleges can rely on this book to deploy strategies similar to 4-year college development efforts. The author, Steve Klingaman, has raised over $40 million dollars for two-year and four-year colleges over a 25-year development career. With its emphasis on planning the work and working the plan, Fund Raising Strategies for Community Colleges offers practical advice and concrete steps on how to build a strong advancement team with robust Annual Fund, grants, major gifts, planned giving programs. Topics include: * Strategies used at one two-year college that raised $50 million over ten years * 101 boxed tips on the details that matter most * Guidance for creating an institutional commitment to advancement * Advice on how to enhance the advancement function * Advice on how to build an effective foundation board that gives * Advice on how to grow the Annual Fund with sustainable, repeatable gifts * Secrets top universities use to close major gifts * Guidance for using continuous quality improvement techniques to improve results year after year. Fund Raising Strategies for Community Colleges is the only comprehensive development guide to focus on community college fund raising. Written for development professionals, college presidents, board members, trustees, faculty leaders, and other college leadership, this book is an essential, practical guide that fills a critical gap in the market.
Fundraising Strategies for Community Colleges is a hands-on, step-by-step guide to building a million-dollar-a-year development office. Community colleges educate nearly half the undergraduates in America yet receive as little as two percent of all gifts to higher education. Private philanthropy is now essential to the mission of community colleges. In order to gain a fair share, community colleges can rely on this book to deploy strategies similar to 4-year college development efforts. The author, Steve Klingaman, has raised over $40 million dollars for two-year and four-year colleges over a 25-year development career. With its emphasis on planning the work and working the plan, Fund Raising Strategies for Community Colleges offers practical advice and concrete steps on how to build a strong advancement team with robust Annual Fund, grants, major gifts, planned giving programs. Topics include: * Strategies used at one two-year college that raised $50 million over ten years * 101 boxed tips on the details that matter most * Guidance for creating an institutional commitment to advancement * Advice on how to enhance the advancement function * Advice on how to build an effective foundation board that gives * Advice on how to grow the Annual Fund with sustainable, repeatable gifts * Secrets top universities use to close major gifts * Guidance for using continuous quality improvement techniques to improve results year after year. Fund Raising Strategies for Community Colleges is the only comprehensive development guide to focus on community college fund raising. Written for development professionals, college presidents, board members, trustees, faculty leaders, and other college leadership, this book is an essential, practical guide that fills a critical gap in the market.
Sports Fundraising is a complete introduction to fundamental principles and best practice in sports fundraising. Focusing on the particular challenges of fundraising in intercollegiate and interscholastic sport, and for youth sport organizations, the book is designed to help students develop the professional skills that they will need for a successful career in sports or education administration. Packed with real-life case studies and scenarios, the book offers a step-by-step guide to the effective planning, communication, implementation and management of sports fundraising projects, and introduces the most important issues in contemporary sports fundraising. Each chapter contains a range of useful features, from definitions of key terms to skill-building exercises, exploring both quantitative and qualitative methods for understanding the fundraising process and designing more effective fundraising projects. This is an essential course text for any athletic or sport fundraising course, and an invaluable reference for all professional fundraisers working in sport or education.
Making Sense of School Finance: A Practical State-by-State Approach thoroughly and clearly describes complex school finance concepts regarding local, state, and federal revenue along with authentic accounting processes in a straightforward manner for public, nonpublic, and charter school leaders. This logically organized resource delivers content on a specific state basis in succinct, easy-to-follow chapters that uniquely applies to each reader's actual situation and location. Figures for each state funding model with real allocations, by example, illustrate respective funding model formulas, and the numerous tables in the text differentiate substance by jurisdiction (states and the District of Columbia). Practical subject matter to increase and acquire additional funding in this book that includes private and public grant application writing is vital reading for aspiring and practicing school officials. Above all, this text expands the reader's comprehension of school finance topics beyond knowledge acquisition into knowhow applications through genuine, end-of-chapter projects and scenarios for discussion with colleagues. Applying the principles from this book remains an absolute necessity to position your school and district for a strong financial future.
Fundraising is an increasingly important responsibility for academic leaders, from department chairs to deans and on up into the executive ranks in higher education. In this concise, practical guide, Penelepe Hunt (professional fundraiser, teacher, management consultant, and executive coach) shows the vital role that academic leaders play in raising funds. She explains how leaders can learn the skills to become effective at networking, entrepreneurial, and productive fundraisers. Hunt also breaks down fundraising in a way that clarifies roles, responsibilities, programs, activities, politics, sources, and process--everything an academic leader needs to know in order to succeed in development activities.
Designed for aspiring school leaders, this text presents the realities of school finance policy and issues, as well as the tools for formulating and managing school budgets. In an era of dwindling fiscal support for public schools, increasing federal mandates, and additional local budget requirements, educational leaders must be able to articulate sound finance theory and application. The authors move beyond coverage found in other texts by providing critical analysis and unique chapters on misconceptions about school finance; fiscal capacity, fiscal effort, adequacy, and efficiency; demographic issues; and spending and student achievement. Examining local, state, and federal education spending, this text gives readers the foundation to understand school finance and knowledgeably educate colleagues, parents, and other stakeholders about its big-picture issues, facts, and trends. The new edition of American Public School Finance will help educational leaders at all stages of their careers become informed advocates for education finance practice and reform. New in this edition: Expanded coverage on school choice Discussion of new standards and law Updated exploration of student demographics and its impact on learning Advanced pedagogical features such as connections to the latest Professional Standards for Educational Leaders (PSEL), Focus Questions, Case Studies, and Chapter Questions/Assignments Complementary electronic resources designed to deepen and extend the topics in each chapter and to provide instructors with lecture slides and other teaching strategies.
Do for-profit colleges and universities (FPCUs) pose a threat to traditional providers of higher education, or do they play a vital role at a time when the capacity of public and private non-profits to meet demand is constrained? With the US no longer the leader in developing a college-educated workforce, can FPCUs help redress the competitive gap? What can be learned from the management practices and growth of FPCUs - that now number close to 3,000 institutions in the US - whose increase in enrollments has out-paced that of traditional institutions, and who now grant around 8 per cent of all degrees? This book offers a clear-eyed and balanced analysis of for-profit colleges and universities, reviewing their history, business strategies, and management practices; setting them in the context of marketplace conditions, the framework of public policy and government regulations; and viewing them in the light of the public good. Individual chapters variously explore FPCU's governance, how they develop courses and programs, and the way they define faculty work; present findings from in-depth interviews with part-time and full-time faculty to understand how external forces and the imperative of profit generation affect faculty roles and responsibilities of faculty; analyze policy considerations that affect FPCUs, including federal regulation and oversight, accountability and assessment, and the legal and regulatory issues FPCUs face internationally; and finally address the notion of academic freedom and the distribution of public monies to FPCUs. Looking beyond FPCUs' current strategy of offering career programming to non-traditional students, the book reveals how they are positioning themselves to meet future market needs by developing new programs targeting a wider group of students. Recognizing that FPCUs are more developing than fully developed, the authors convey both the current state and the unresolved issues facing these businesses, and, in so doing, surface enduring topics that face all of post-secondary education.
Higher education finances lie at the crossroads in many Western countries. On the one hand, the surging demand of the past three or four decades, driven by a belief in higher education as a principal engine of social and economic advancement, has led to dramatic growth of the higher education systems in these countries. On the other hand, this growth in demand was accompanied by rapidly increasing per-student cost pressures at a time when governments seemed increasingly unable to keep pace with these cost pressures through public revenues. Hence, worldwide, the most common approach to the need for increasing revenue was to use some form or forms of cost sharing, or the shift of some of the higher educational per-student costs from governments and taxpayers to parents and students. This raises several important challenges to higher education systems. First, there is the political and social controversy associated with most forms of cost-sharing, particularly with tuition fees. Secondly, there are important issues in terms of the broad context of social policy, such as the role of families and students and the relationship that the state establishes with each of them. Third, there is the comparison of alternative instruments of cost-sharing and the direct and indirect effects of each of them, notably in terms of educational equality. Overall, underlying cost-sharing debates are fundamental questions about social choice, individual opportunities, and the role of government in society.
'Fleming's books are sparklingly sardonic and hilariously angry' - Guardian There is a strong link between the neoliberalisation of higher education over the last 20 years and the psychological hell now endured by its staff and students. While academia was once thought of as the best job in the world - one that fosters autonomy, craft, intrinsic job satisfaction and vocational zeal - you would be hard-pressed to find a lecturer who believes that now. Peter Fleming delves into this new metrics-obsessed, overly hierarchical world to bring out the hidden underbelly of the neoliberal university. He examines commercialisation, mental illness and self-harm, the rise of managerialism, students as consumers and evaluators, and the competitive individualism which casts a dark sheen of alienation over departments. Arguing that time has almost run out to reverse this decline, this book shows how academics and students need to act now if they are to begin to fix this broken system.
Public research universities were previously able to provide excellent education to white families thanks to healthy government funding. However, that funding has all but dried up in recent decades as historically underrepresented students have gained greater access, and now less prestigious public universities face major economic challenges. In Broke, Laura T. Hamilton and Kelly Nielsen examine virtually all aspects of campus life to show how the new economic order in public universities, particularly at two campuses in the renowned University of California system, affects students. For most of the twentieth century, they show, less affluent families of color paid with their taxes for wealthy white students to attend universities where their own offspring were not welcome. That changed as a subset of public research universities, some quite old, opted for a "new" approach, making racially and economically marginalized youth the lifeblood of the university. These new universities, however, have been particularly hard hit by austerity. To survive, they've had to adapt, finding new ways to secure funding and trim costs--but ultimately it's their students who pay the price, in decreased services and inadequate infrastructure. The rise of new universities is a reminder that a world-class education for all is possible. Broke shows us how far we are from that ideal and sets out a path for how we could get there.
No Child Left Behind (NCLB) is the single most influential piece of federal education legislation in American history, and Hess and Petrilli provide a concise yet comprehensive look at this important and controversial act. Signed into law in 2002, NCLB seeks to ensure that all American students are proficient in math, reading, and science by 2014. Trumping two centuries of state primacy in K-12 education, it set standards for measuring student performance, ensuring the quality of teachers, and providing options for students in ineffective schools. The authors trace the heritage of these new policies, explain how they work, and examine the challenges of their implementation.
Lance D. Fusarelli examines the relationship between the charter school and voucher issues: To what degree does political support for charter schools--from a coalition of teacher associations, school board groups, superintendents, and voucher advocates--slow or even stop the forces for vouchers? Or, do these coalitions, which successfully pushed charter school legislation through the legislature, actually fuel the fires of privatization? Charter schools legislation has enjoyed bipartisan support precisely because the threat of vouchers is so great. And, contrary to the strategy of voucher opponents, the spread of charter school increases, rather than alleviates, the push for vouchers.
Originally published in 1984. The financial decision-making system is an extremely complicated one; it handles large sums of money but very often teachers feel that little of it filters through to their end of the system. This book explains, analyses and criticises the complexities of the financial decision-making systems in education. It discusses the role of the different bodies and people involved and explores the thinking and conventions which shape their findings. It considers how the effects of financial decisions made in the system are reflected in the curriculum and in the classroom, and puts forward possible alternative methods of finance such as vouchers, loans and privatisation.
This study recommends employing "human capital contracts" wherein students agree to pay a percentage of their income over time in exchange for funds to finance their education. The main difference between "human capital contracts" and loans is the variable value of the payments students make during the repayment period. Their financial consequences, of risk transfer from students to investors and increased information regarding future graduates' earnings, make the contracts an attractive alternative in funding higher education. |
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