Report Shows More Public Colleges and Universities Looking at Going Independent
February 24, 2005
[Editor's note: This bulletin was edited after its initial publication to remove a statement about public institutions in the state of Virginia. A bulletin explaining the unique new autonomy granted to Virginia public colleges was published on Monday, February 28.]
Four specific symptoms are forcing a trend toward privatization among state colleges and universities, according to a new report by the Futures Project at Brown University. The project was established in 1999 to study the role and impact of market forces in higher education.
The report, “Correcting Course: How We Can Restore the Ideals of Public Higher Education in a Market-Driven Era,” speaks to how public institutions are trying to compete in an increasingly crowded market while still being true to their public service mission. “Correcting Course” points to four symptoms leading toward this crisis in public higher education: inadequate support for low-income students (the trend to award merit over need-based aid); rising costs and unaffordable tuition (stagnant state budgets correlates with tuition increases); elusive outcomes (a lack of satisfactory performance measurements); and scholarship for sale (as federal support for research declines, corporate sponsorship is sought). These “weaknesses” in public higher education, according to the report, have led public institutions to seek out students who will improve their college rankings and who can pay the full cost of tuition.
A series of individual recommendations for state policymakers, colleges and universities, and the public are offered in the report, instructing them on ways to form a new compact between higher education and the public to better serve both public and state institution needs.
- Tuition Increases Slow, While Student Loan Borrowing Declines, College Board Reports
- IRS Response to NACUBO on 1098-T Penalties Offers No Relief
- IRS Publishes Final Rules on Overpayments of Arbitrage Rebate on Tax-Exempt Bonds
- 2015 Intermediate Accounting and Reporting - Winter
January 22-23, 2015
- 2015 Endowment and Debt Management Forum
February 4-6, 2015
- 2015 Unrelated Business Income Tax
February 25-27, 2015
- ON-DEMAND: How to Build, Develop, and Support a Compliance Program at Your Institution
- ON-DEMAND: Strategic Tuition Assessment and Tuition Restructuring
- ON-DEMAND: Are Shared Services Right for Your Organization – The KU Journey
- ON-DEMAND: VIRTUAL: 2014 Annual Meeting
- ON-DEMAND: VIRTUAL: Student Financial Services Conference
- ON-DEMAND: VIRTUAL: Higher Education Accounting Forum
- A Guide to College and University Budgeting: Foundations for Institutional Effectiveness, 4th ed. - by Larry Goldstein
- NACUBO's Guide to Unitizing Investment Pools - by Mary S. Wheeler
- Managing and Collecting Student Accounts and Loans - by David R. Glezerman and Dennis DeSantis