Universities across the globe are transforming or upgrading their campus infrastructure to prepare students for the work in the 21st century. Such campus transformations can be important in various ways. For example, universities can introduce innovative learning spaces that support recruitment and enrollment policies on campus. Even though the…

Online programs are often viewed as a cost-efficient strategy for increasing revenue for shrinking university budgets but this may not be an accurate assessment. Responsibility Centered Management (RCM) is a budgeting model that is purported to increase efficient delivery of academic programs. As RCM budgeting models have been embraced, many…

GM(1,1) and GM(1,1) rolling models derived from grey system theory were estimated using time-series data from projection studies by National Center for Education Statistics (NCES). An out-of-sample forecasting competition between the two grey prediction models and exponential smoothing used by NCES was conducted for education expenditure and…

Using a model of rational student choice as its foundation, this study examined whether state policies toward higher education encourage junior colleges and universities to admit too many students. The optimal-size decisions of budget-maximizing junior colleges and universities were derived and compared to the optimal-size decisions of a social…