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Direct linkDelaney, Jennifer A.; Doyle, William R. – Journal of Education Finance, 2011
This article considers the role of higher education in state budgets. It empirically models and tests the balance wheel hypothesis in a robust framework. The balance wheel model posits that in good economic times, higher education is an attractive area for states to fund and tends to be funded at a higher rate than other state budget categories.…
Descriptors: Evidence, Higher Education, Educational Finance, Budgeting
