Where Does College and University Funding Come From? Where Does It Go?
Where Does College and University Funding Come From? Where Does It Go?
It’s important to understand the finances of colleges and universities, budgeting, and sources and uses of funding. Costs at colleges and universities are increasing for a variety of reasons. Some costs involve facilities intended to attract talent, both in terms of faculty and students. Many costs involve people who do not teach, such as administrators. These individuals are doing work that is either required (government compliance) or expected (student mental health or career counseling). So, it is a stretch to sustain the argument that rising costs in higher education are singularly a function of unnecessary layers of administration. Many universities are using innovative approaches to cut costs and improve revenue streams to their institutions.
Keywords: Budget, Higher education finance and operations, Facilitates and auxiliaries, Every tub on its own bottom, Responsibility Center Management, Fund accounting, Administrative bloat
North Carolina Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .
