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Tiêu đề

Financial changes in the second tier of top liberal arts colleges, 1996-2001

Tác giả

Kaufman R.T.; Woglom G.

Năm xuất bản

2007

Source title

Journal of Education Finance

Số trích dẫn

DOI

Liên kết

https://www.scopus.com/inward/record.uri?eid=2-s2.0-34248524744&partnerID=40&md5=af3efea4e2e4993efd9968c27664084e

Tóm tắt

Changes in the financial situations among the second tier of liberal arts colleges between 1996 and 2001 are documented using Integrated Postsecondary Education Data System financial and enrollment data. These data show large disparities in net assets per student, expenses per student, and the subsidies per fullpaying student and the average student. Differences in comprehensive fees are much smaller. The comprehensive fee exceeds actual operating expenses at many of the schools, and subsidies per full-paying student increase more rapidly with wealth than subsidies for the average student. In this article we describe some of the dramatic financial developments that occurred in the second tier of the nation's top liberal arts colleges between 1996 and 2001. This is a follow-up exercise to our earlier article (Kaufman and Woglom, 2005), in which we examined the top-ranked 49 liberal arts colleges. We also highlight the differences in patterns between the schools in the top two tiers.

Từ khóa

Tài liệu tham khảo

The College Handbook, (2002); Kaufman R.T., Woglom G., Financial Changes and Optimal Spending Rates Among Top Liberal Arts Colleges 1996-2001, Review of Higher Education, 28, 3, pp. 339-368, (2005); Massy W.F., Endowment: Perspectives, Policies, &- Management, (1990); Various dates, Finance Survey of the NCES Integrated Postsecondary Education Data System; Winston G.C., Subsidies, Hierarchy and Peers: The Awkward Economics of Higher Education, Journal of Economic Perspectives, 13, 1, pp. 13-36, (1999); Winston G.C., Lewis E.G., Physical Capital and Service Costs in US Colleges and Universities: 1993, Eastern Economic Journal, 23, 2, pp. 165-189, (1993)