College investment policy concerning the mix of stocks and bonds in the endowment portfolio has been made far too complicated. Except for unusual circumstances, the equity (common stocks) percentage should be very high. Total investment in equities will generate enormous differences in endowment fund value over a long period of time. (MSE)

Representing the work of a Task Force on Community College Finance established by the California State Legislature, this report recommends criteria and standards for the implementation of a new program-based funding mechanism for the state's community colleges. After reviewing the legislative mandate for the implementation of program-based…

A discussion of costing methods for colleges and universities, common in the United States, looks at their first use in a major Latin American institution, the University of Monterrey (Mexico). Differences in costing methods for the university's seven colleges and potential for savings emerging from the analysis are examined. (MSE)

A study of higher education funding in Nevada, mandated by state law, is reported. The study focuses on the methods used by other states to fund higher education and investigates these methods' appropriateness or usefulness in Nevada. Representatives of the state university system, education experts, and the general public provided background…

This paper presents a model for compensating school districts for implementing effective prereferral programs, in order to promote the most appropriate service delivery for all students. The model develops formulae based upon changes in regular and special education enrollment, and includes state monies allocated to special education. Variables in…

To determine where given Virginia institutions of higher education stand in the aggregate regarding administrators' salaries among similar institutions, salary information provided by chief academic officers of eight senior public-supported institutions in Virginia for their administrative faculty was compared with data from other United States…

It is argued that public investment in student financial aid should be evaluated based on tax revenue returns resulting from the expenditure. A model for estimating tax revenue returns from gains in educational attainment attributable to student aid is developed, and impact of aid on access and persistence is examined. (Author/MSE)

Following a brief historical review of the mechanism of mathematical modeling, examples are included that associate a mathematical model with given data (changes in sea level) and that model a real-life situation (process of parallel parking). Also provided is the rationale for the curricular implementation of mathematical modeling. (JJK)

Chapter One of the Education Consolidation and Improvement Act (ECIA) distributes compensatory education grants on the basis of a formula that considers population and cost factors for each of the nation's 3,128 counties. The focus of this report is the effectiveness of that formula in meeting the stated purpose of the legislation to provide aid…

This literature review on special education finance is based on computerized bibliographic searches, nominations from leading special educators, and citation searches. It is organized into four sections covering the following topics: (1) costs, (2) funding sources, (3) funding formulas for special education programs and services, and (4) fiscal…

In spring 1990, the Chancellor of the California Community Colleges convened the Matriculation Funding Task Force to review the standards used to estimate matriculation costs and the formula used to allocate state funds among districts. The task force expanded the scope of the matriculation services used as standards for estimating the cost of…