A common formula presented in many managerial- and cost-accounting textbooks makes possible the determination of the quantity of units which must be produced and sold to generate a desired dollar-amount of operating income. This article addresses the question "What formula can be used to determine the quantity of units needed to yield a…

Education in society especially in Mexico, seems to be a powerful instrument of intergenerational social mobility to produce individuals with "capabilities and functions" allowing them to obtain a greater well-being. "Education as schooling," in the first instance, improves the individuals living conditions, since this is a…

Seeks to increase awareness of the ability of supplemental instruction (SI) programs to generate retained tuition revenue for colleges and universities far beyond the costs of the program. Presents formulas to help prospective and existing SI programs determine the amount of retained revenue SI can generate for individual institutions. (EV)

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)

The benefits of the new Teachers Insurance and Annuity Association graded-benefit method and traditional level-benefit program are compared. Several possible typical situations are analyzed for both plans, showing net yearly incomes projected through retirement and considering tax rates. (MSE)

Introduces a model for estimating the amount of revenue a typical student will bring to an institution of higher education. The model uses event history analysis to analyze the length of time a typical student will remain enrolled, and then uses this estimate in combination with tuition numbers to arrive at revenue estimates. (EV)

College development officers are encouraged to assess a prospective donor's contacts, interest, and ability to give to the institution, and are offered a number of formulas for determining the solicitation amount. They include formulas based on prior giving, net worth (income, stock holdings, real estate), and assets (income, liquid assets, real…

Modifications to current methods of calculating and reporting financial ratios are outlined for college managers. The modified ratios, felt to be more realistic, are illustrated with applications in three areas: (1) student revenues; (2) endowment and other investment income; and (3) public and private gifts, grants, and contracts revenue. (MSE)

Changes in the structure of college and university tuition discounts in the past 15 years are explained, and it is argued that most discussion of discounts are oversimplified. The case of a hypothetical small liberal arts college (data composed from eight colleges) is used to illustrate the decile discount approach to analyzing discounting trends…

This paper presents a method for higher education faculty and staff to assess pension plan objectives by determining a retirement income replacement ratio to maintain the salary-based preretirement standard of living. The paper describes the RETIRE Project which researches income replacement using the federal government's annual "Consumer…

Results of a study of local income, expenditure, and employment patterns related to the presence of a British polytechnic institute are explained, potential applications to similar institutions are discussed, and policy implications for both the institution and local and national governments are examined. (MSE)

The economic costs and benefits of educating foreign students in U.S. public and private colleges are estimated. U.S. costs of educating foreign students consist primarily of: (1) direct educational costs, (2) cost of the foreign students who receive their maintenance allowance from U.S. sources, (3) travel costs of those foreign students whose…

A survey conducted by the Higher Education Panel sought trends in various items of information about the financial condition of colleges and universities. A stratified sample of 760 insitutions was used, excluding major research universities. Information was requested on basic finance data, dormitory occupancy rates, occurrence of institutional…

It is argued that analysis of tuition and fees revenue contributions can enable colleges and universities to develop pricing, admissions, and student aid policies that produce desired financial outcomes. Long-term trends of three tuition and fees revenue contribution ratios are explained and illustrated. (MSE)

This is the third edition of a workbook prepared as a kind of primer for those responsible for the administration of charitable remainder trusts in accordance with the Tax Reform Act of 1969. The topics covered include: trust administration in general; pooled income fund; unitrust; annuity trust; gift annuity; short term income (lead) trust; gift…