An anthology of supplementary text material on financing of American higher education is presented for use in graduate courses in the field of higher education administration. The chapters concern college financial management, higher education economics, and federal and state policies. Chapter titles and authors/editors are as follows: "In Praise of Inefficiency" (Kenneth Boulding); "An Introduction to Financial Management" (Frank Campanella); "The Role of the Business Officer in Managing Educational Resources" (William G. Bowen); from "Understanding the College Budget" (Gerald B. Robins); "Planning Models in Higher Education Administration" (Roger N. Gaunt, Michael J. Haight); "Budgeting Myths and Fictions: The Implications for Evaluation" (Cameron Fincher); "Institutional Advancement: On Becoming a Profession" (James L. Fisher); "Administration of Endowment & Similar Funds" (Lanora F. Welzenbach); "Investment Management" (L. Welzenbach); "Fund Accounting" (Richard J. Meisinger, Jr., Leroy W. Dubeck); "What Determines the Costs of Higher Education?" (H. Bowen); "Does Money Matter?" (Richard E. Anderson); "The Value of an Education" (Kern Alexander); "Society, Students and Parents--A Joint Responsibility: Finance and the Aims of American Higher Education" (H. Bowen); "Pricing Public Sector Services: The Tuition Gap" (Regina E. Herzlinger, Frances Jones); "Enrollment Effects of Alternative Postsecondary Pricing Policies" (James C. Hearn, David Longanecker); "Higher Education Tax Allowances: An Analysis" (Larry L. Leslie); "Student and Parent Loans: A Growing Reliance" (Scott E. Miller); "National Student Loan Bank: The Road Less Traveled" (Arthur Hauptman); "Formula Budgeting: The Fourth Decade" (Paul T. Brinkman); "State Appropriations and Enrollments: Does Enrollment Growth Still Pay?" (L. Leslie, Garey Ramey); "The Future" (David W. Breneman, Susan C. Nelson); from "Principles, Practices, and Alternatives in State Methods of Financing Community Colleges and an Approach to Their Evaluation, with Pennsylvania a Case State" (S. V. Martorana, James L. Wattenbarger); "Should Public Funds Be Used to Support Independent Colleges and Universities?" (John D. Phillips, James L. Chapman); and "1984: The Outlook for Higher Education" (Carol Frances). (SW)