Title:

Public University Governance Faces New Challenges as U.S. Public Higher Education Becomes Increasingly Market-Driven

Price:$550.00
Publication Date:May 06, 2008
Report Type:Special Comment
Brief Excerpt:...As state governments again face new financial pressures from a weakening economy and slowing tax revenues, officials in many states are likely to make difficult budgetary decisions to reduce comparative funding for public universities. Such decisions would be consistent with a long-established trend of university cost-shifting towards students and private donors, as state governments struggle with funding many competing priorities. As this trend continues, the roles and responsibilities of U.S. public universit y boards are changing as public higher education institutions become increasingly market-driven and complex organizations. Boards in many states now oversee quasi-independent, highly competitive universities that generate the majority of t heir revenues from non-state sources but nonetheless retain a strong publ ic mandate. The credit implications of this shift have generally been positive as many public university ratings have been upgraded in recent years as they...
Word Count:4505
Length:8 Pages
Format:Adobe Acrobat Adobe Acrobat
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