Cost-effectiveness analysis and cost-benefit analysis are two related yet distinct methods to help decision makers choose the best course of action from among competing alternatives. For both types of analysis, costs are computed similarly. Costs may be reduced to present value amounts for multi-year programs, and parameters may be altered to show…

A variety of consortial arrangements in higher education are discussed noting advantages such as savings realized through the cooperative efforts, enrichment of academic programs, improved student services and community outreach, as well as obstacles (organizational, procedural, and cultural). Success factors identified include presence of…