.Simpson identifies strategies for cost containment or cost reduction in higher education and discusses these strategies in light of their effect on the quality of the learning experience, the future of the academic profession, and the implications for society. This differs from most of the current literature on cost, which tends only to describe it, explain factors underlying its increase, and how it may be financed.
Particular concern is given to options that could be followed over the long term without impairing the quality of educational opportunities, the academic profession, or society in general. The emphasis is thus on the objectives to be served, rather than the resolution of financial difficulties on the revenue side or on crisis management. Some of the strategies discussed are applicable at particular levels of government; some relate to interinstitutional arrangements; and some are options for individual institutions. This book is recommended for university trustees and administrators, educational administration courses, and government policymakers and concerned faculty.
About the Author
WILLIAM BRAND SIMPSON is Emeritus Professor of Economics at California State University, Los Angeles. He has served as Executive Director of the Cowles Commission for Research in Economics at the University of Chicago, as Managing Editor and Co-Editor of Econometrica, and as State President and member of the National Council of the American Association of University Professors.
Table of Contents
Strategies of a Philosophical/Political Nature
Strategies of a Financial Nature
Educational Need as an Upper Bound
Strategies that Compare Costs and Benefits
Strategies Requiring General Acceptance
Improving Cost-effectiveness on the Quality Side
Containing Total Cost through Tuition Policy
Cost Containment through Interinstitutional Arrangements
Containment of Capital Outlays
Containment of Campus Operating Costs
Cost Containment through Faculty Personnel Policy
Governance and Administration as Factors in Cost Containment
Strategic Use of External Evaluation
The Elusive Academy