Privatization, marketization, investment, and competition of education have become a global phenomenon with significant implications. While research on demand and patterns of shadow education are increasingly available across the world, very little is known about the scope of parents' investments, family burden, and students' workload. This paper…

"Casualties of College Debt" uses the latest federal data on delinquency and default to better understand who student loan defaulters are, explores key themes of who defaults and why that emerged across over 20 in-depth conversations with a diverse group of experts, and lifts up the lived experience of default through voices of borrowers…

Two years after the U.S. Department of Education awarded $650 million in Investing in Innovation grants, some of the winners are still facing financial uncertainty. Other grantees have also encountered problems with matching funds coming through, and some nonprofit grantees have been forced to contribute their own money to match the initial…

When "crisis" and "extramural funding" are mentioned, most academics think about problems such as the low percentage of proposals funded by federal agencies (now approaching single digits in many fields) or inadequate indirect-cost recovery rates that fail to reimburse universities for all costs of research. These are great problems draining…

This article reports that the recession tearing into the U.S. economy is not only straining the public coffers that support K-12 schooling, it's also taking a toll on education philanthropy. From family foundations to corporate philanthropies, charitable giving to K-12 education appears to be facing a downturn. Although no national figures are…

American consumers owe more than $150 billion in outstanding private student loan debt. While this amount is significantly less than the amount outstanding on student loans guaranteed by the federal government, the private student loan ("PSL") product is an important component of higher education finance and does not appear to be well…

This document is concerned with the issue of who benefits from higher education and who should pay for it. Those who believe that society is the main beneficiary of higher education feel that state and federal budgets should bear the majority of educational costs; however, those who believe that the benefits of higher education are minimal in…

The severe fiscal problems of private higher education are precisely described in this book. Emphasis is placed on where the money comes from, where it goes, and the consequences of expenditures exceeding income. What private colleges are doing about budget deficits is examined, and important recommendations about what they should be doing are…

Annual giving is defined as support for the current operations of a college or university. The annual fund constituency is described (alumni, parents, friends, and, perhaps, corporations and foundations). The case for a strong annual giving program and its relationship to the total development program are discussed. (Author/MLW)

A survey of financial institutions was undertaken by the Bureau of Outdoor Recreation to evaluate the demand and availability of private credit for enterprises that provide outdoor recreation. The survey provided basic information for (1) evaluating legislative proposals for loan guarantee programs, (2) nationwide planning, and (3) assessing the…

Throughout their history many black colleges, also referred to as Historically Black Colleges and Universities (HBCUs), have struggled to maintain financial footing. This paper explores the history of alumni involvement in HBCUs and highlights their importance for future success.

After study of the methods and level of financing of public television today, the authors conclude that the political and economic problems of public television are tied together. They note that public television receives far less support per capita in the United States than in other leading countries, and efforts to increase the amount and…

Given the trend toward declining revenues from traditional funding sources, finding the dollars needed to operate a college is today's major challenge for educational leaders. One financial area that provides fertile ground for many two-year college leaders is the effective use of foundations and private sector fund raising. The approach to…

A review of the historical background and funding of the Detroit Institute of Arts is followed by a discussion of some of the many legal problems encountered including those involving gifts, funding, control, regulation of artwork reproductions, protection against general liability, and the acquisition of other nations' artifacts. (JMD)