Higher Education Finance Research : Policy, Politics, and Practice.

Intro -- Higher Education Finance Research -- Policy, Politics, and Practice -- CONTENTS -- ABOUT THE SERIES -- FOREWORD -- SECTION I Introduction to Higher Education Finance Research -- ORGANIZATION OF HIGHER EDUCATION -- POSTSECONDARY EDUCATION SECTORS -- Private Non-profit Institutions -- Public Institutions -- For-profit Institutions -- LEVELS AND CLASSIFICATION OF -- POSTSECONDARY EDUCATION INSTITUTIONS -- INSTITUTIONAL CHARACTERISTICS -- Admissions Practices -- Remedial Education -- STUDENT CHARACTERISTICS -- REVENUES AND EXPENDITURES -- FOUNDATIONS OF FISCAL ANALYSES -- FUNDING MAGNITUDE -- HEADCOUNT -- DERIVED STUDENT COUNTS -- Credit and Contact Hours -- Full-time Equivalent (FTE) Students -- USING STUDENT COUNTS IN RESEARCH AND ANALYSIS -- Weighting Student Counts -- Which Count to Use -- Aligning Student Counts and Revenues or Expenditures -- THE IMPACT OF ACCOUNTING PRACTICES ON FINANCE DATA -- FASB and GASB -- DATA SOURCES -- Federal Sources: Department of Education -- Other Federal Data Sources -- Non-Governmental Databases -- State and Institutional Sources -- IPEDS FINANCE SURVEY AND INSTITUTIONAL FINANCIAL STATEMENTS -- Revenue Categories -- Expenditure Categories -- CONCLUSION -- SECTION II Revenues and Expenditures -- STUDENT-ORIENTED REVENUES AND EXPENDITURES -- PRIOR TO ENROLLMENT -- WHILE ENROLLED -- AFTER EARNING A CREDENTIAL -- TUITION AND FEE PHILOSOPHIES -- Low Tuition -- High Cost, High Aid -- Percent of the Cost of Education -- TUITION AND FEES AS INSTITUTIONAL REVENUES -- TUITION AND FEE AMOUNTS -- TUITION SETTING -- TUITION DISCOUNTING -- HOW STUDENTS PAY FOR COLLEGE -- FEDERAL STUDENT FINANCIAL AID -- INSTITUTIONAL REVENUES AND EXPENDITURES -- REVENUES -- Federal Revenues: Federal Appropriations and Contracts and Grants -- State and Local Appropriations -- Endowments, Investment Income, and Gift Funding.

INSTITUTIONAL EXPENDITURES -- SETTING OF INSTITUTIONAL BUDGETS -- STATE FUNDING FORMULAS -- FUNDING FORMULA USE -- DEVELOPMENT OF FUNDING FORMULAS -- ECONOMIES OF SCALE AND SCOPE -- GUIDING PRINCIPLES IN FORMULA/GUIDELINE USAGE -- FUNDING FORMULAS FOR 2-YEAR COLLEGES -- FORMULAS BY NACUBO CLASSIFICATION -- Instruction -- Research -- Public Service -- Academic Support -- Student Services -- Institutional Support -- Operation and Maintenance of Physical Plant -- Scholarships and Fellowships -- Revenue Deduction Components -- CONCLUSION -- SECTION III Accountability and Return on Investment -- ACCOUNTABILITY IN HIGHER EDUCATION -- "Accountability" Concepts -- Productivity -- Development of Accountability Systems -- Establishing a Quality Assurance or Accountability Program -- REPORTING FOR A QUALITY ASSURANCE OR ACCOUNTABILITY PROGRAM -- SUMMARY -- EXAMPLE OF A SIMPLE EXTERNAL DASHBOARD -- Ivy Tech Community College External Strategic Plan Dashboard -- EXAMPLE OF AN INTERNAL DASHBOARD -- Strategic Plan Dashboard-Progress Toward Accelerating Greatness -- PERFORMANCE-BASED APPROACHES IN POSTSECONDARY FINANCE -- PERFORMANCE-BASED APPROACHES -- INSTITUTIONAL PERFORMANCE -- Lessons Learned in Institutional Performance-Based Approaches -- Traditional Perspectives of Institutional Performance -- Emerging Perspectives on Institutional Performance -- STUDENT PERFORMANCE -- PROGRAMMATIC PERFORMANCE -- ANALYZING FISCAL ALLOCATIONS -- RESEARCHING INSTITUTIONAL PERFORMANCE FUNDING -- SUMMARY -- HUMAN CAPITAL DEVELOPMENT AND RETURNS ON INVESTMENT -- HUMAN CAPITAL DEVELOPMENT -- LABOR MARKET RETURNS -- Earnings Data -- Types and Sources of Earnings Data -- Earnings Data in Context -- Other Labor Market Returns -- NON-LABOR MARKET RETURNS -- PUBLIC RETURN ON INVESTMENT -- Economic Impact Studies -- SUMMARY -- STUDENT PERSPECTIVES ON COLLEGE COSTS AND "PRICE".

THE VARIOUS DEFINITIONS OF "PRICE" -- Tuition and Fees (Sticker Price) -- Tuition and Fees and Room and Board (Published Price) -- Price of Attendance -- Personal Price (Foregone Earnings) -- STUDENT PRICE RESPONSE -- PRICE AND AFFORDABILITY -- Net Price -- Price and Family Income -- Price and Earnings -- DEVELOPING INFORMED CONSUMERS -- Consumer Information -- Three Approaches to Consumer Information -- THE FREE APPLICATION FOR FEDERAL STUDENT AID -- Reasons for not Completing the FAFSA -- Influence of not Filing -- CONCLUSION -- SECTION IV Presenting Research -- THE INFLUENCE OF TIME -- TIME-BASED CALCULATIONS -- Current and Constant Dollars -- The Consumer Price Index (CPI) -- The Higher Education Price Index (HEPI) -- The Higher Education Cost Adjustment (HECA) -- INDEXING -- PERCENT CHANGES -- Monthly -- Annualized Percent Change -- Annualized Year-to-Date Percent Change -- MOVING AVERAGES -- ESTIMATING CHANGE -- Compounding Interest (Future Value) -- Present Value -- Annuities -- ON GROUPS AND EVENTS -- DETERMINING PEER INSTITUTIONS -- Geographic Proximity -- Membership in Athletic Conferences, Organizations, or the Same Carnegie Classification -- Statistical Analysis -- Criteria for Peer Selection -- BENCHMARKING -- COHORTS -- GROUPS AND CROSS-SECTIONAL DATA -- Groups and Longitudinal Data -- EVENT-BASED ANALYSES -- Synthetic Cohorts -- Event History Analysis -- Regression Discontinuity Design -- SUMMARY -- PRESENTING RESEARCH TO AN AUDIENCE OF POLICYMAKERS -- INFORMING AND EDUCATING -- Informing -- Educating -- DATA VISUALIZATION -- Presenting Quantitative Data -- Elements of a Table -- Elements of a Figure -- PRESENTING QUALITATIVE DATA -- ELEMENTS OF DESIGN -- Color -- Typeface -- CONCLUSION -- REFERENCES -- ABOUT THE AUTHORS -- INDEX.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.