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EBOOK
Author McKeown-Moak, Mary P.,
Title Higher education finance research : policy, politics, and practice / by Mary P. McKeown-Moak and Christopher M. Mullin.
Imprint Charlotte, North Carolina : Information Age Publishing Inc., [2014]
2014

Author McKeown-Moak, Mary P.,
Series Conducting research in education finance
Conducting research in education finance. http://id.loc.gov/authorities/names/no2014127105
Subject Education, Higher -- United States -- Finance -- History.
Education, Higher -- Research -- United States -- Methdology.
Education and state -- United States -- History.
Alt Name Mullin, Christopher M.
Description 1 online resource.
polychrome rdacc http://rdaregistry.info/termList/RDAColourContent/1003
Bibliography Note Includes bibliographical references and index.
Contents Machine generated contents note: SECTION I INTRODUCTION TO HIGHER EDUCATION FINANCE RESEARCH -- Introduction to Section -- 1. Organization of Higher Education -- Postsecondary Education Sectors -- Private Non-profit Institutions -- Public Institutions -- For-profit Institutions -- Levels and Classification of Postsecondary Education Institutions -- Institutional Characteristics -- Admissions Practices -- Remedial Education -- Student Characteristics -- Revenues and Expenditures -- 2. Foundations of Fiscal Analyses -- Funding Magnitude -- Headcount -- Derived Student Counts -- Credit and Contact Hours -- Full-Time Equivalent (FTE) Students -- Using Student Counts in Research and Analysis -- Weighting Student Counts -- Which Count to Use -- Aligning Student Counts and Revenues or Expenditures -- Impact of Accounting Practices on Finance Data -- FASB and GASB -- Data Sources -- Federal Sources: Department of Education -- Other Federal Data Sources -- Non-Governmental Databases -- State and Institutional Sources -- IPEDS Finance Survey and Institutional Financial Statements -- Revenue Categories -- Expenditure Categories -- Conclusion -- SECTION II REVENUES AND EXPENDITURES -- Introduction to Section II -- 3. Student-Oriented Revenues and Expenditures -- Prior to Enrollment -- While Enrolled -- After Earning a Credential -- Tuition and Fee Philosophies -- Low Tuition -- High Cost, High Aid -- Percent of the Cost of Education -- Tuition and Fees as Institutional Revenues -- Tuition and Fee Amounts -- Tuition Setting -- Tuition Discounting -- How Students Pay for College -- Federal Student Financial Aid -- 4. Institutional Revenues and Expenditures -- Revenues -- Federal Revenues: Federal Appropriations and Contracts and Grants -- State and Local Appropriations -- State and Local Methods of Funding Higher Education -- Endowments, Investment Income, and Gift Funding -- Institutional Expenditures -- Setting of Institutional Budgets -- 5. State Funding Formulas -- Funding Formula Use -- Development of Funding Formulas -- Economies of Scale and Scope -- Guiding Principles in Formula/Guideline Usage -- Funding Formulas for 2-Year Colleges -- Formulas by NACUBO Classification -- Instruction -- Research -- Public Service -- Academic Support -- Student Services -- Institutional Support -- Operation and Maintenance of Physical Plant -- Scholarships and Fellowships -- Revenue Deduction Components -- Conclusion -- SECTION III ACCOUNTABILITY AND RETURN ON INVESTMENT -- Introduction to Section III -- 6. Accountability in Higher Education -- "r;Accountability"r; Concepts -- Productivity -- Development of Accountability Systems -- Establishing a Quality Assurance or Accountability Program -- Reporting for a Quality Assurance or Accountability Program -- Summary -- Appendix: Performance Metrics Used by Institutions and States in 2012 -- 7. Performance-Based Approaches in Postsecondary Finance -- Performance-Based Approaches -- Institutional Performance -- Lessons Learned in Institutional Performance-Based Approaches -- Success Criteria -- Indicators and Indicator Weights -- Allocation Methods -- Funding Levels -- Traditional Perspectives of Institutional Performance -- Emerging Perspectives on Institutional Performance -- Student Performance -- Programmatic Performance -- Analyzing Fiscal Allocations -- Researching Institutional Performance Funding -- Summary -- 8. Human Capital Development and Returns on Investment -- Human Capital Development -- Labor Market Returns -- Earnings Data -- Types and Sources of Earnings Data -- Employment Outcome "r;Buckets"r; -- Earnings Data in Context -- Other Labor Market Returns -- Non-Labor Market Returns -- Public Return on Investment -- Economic Impact Studies -- Summary -- 9. Student Perspectives on College Costs and "r;Price"r; -- Various Definitions of "r;Price"r; -- Tuition and Fees (Sticker Price) -- Tuition and Fees and Room and Board (Published Price) -- Price of Attendance -- Personal Price (Foregone Earnings) -- Student Price Response -- Price and Affordability -- Net Price -- Price and Family Income -- Price and Earnings -- Developing Informed Consumers -- Consumer Information -- Three Approaches to Consumer Information -- Tensions -- Free Application for Federal Student Aid (FAFSA) -- Reasons for not Completing the FAFSA -- Influence of not Filing -- Conclusion -- SECTION IV PRESENTING RESEARCH -- Introduction to Section Four -- 10. Influence of Time -- Time-Based Calculations -- Current and Constant Dollars -- Consumer Price Index (CPI) -- Higher Education Price Index (HEPI) -- Higher Education Cost Adjustment (HECA) -- Indexing -- Percent Changes -- Monthly -- Annualized Percent Change -- Annualized Year-to-Date Percent Change -- Moving Averages -- Estimating Change -- Compounding Interest (Future Value) -- Present Value -- Annuities -- Present Value of the Annuity -- Compound Value of an Annuity -- 11. On Groups and Events -- Determining Peer Institutions -- Geographic Proximity -- Membership in Athletic Conferences, Organizations, or the Same Carnegie Classification -- Statistical Analysis -- Criteria for Peer Selection -- Benchmarking -- Cohorts -- Groups and Cross-Sectional Data -- Groups and Longitudinal Data -- Event-Based Analyses -- Synthetic Cohorts -- Event History Analysis -- Regression Discontinuity Design -- Summary -- 12. Presenting Research to an Audience of Policymakers -- Informing and Educating -- Informing -- Single Data Point -- Multiple Data Points on a Topic -- Multiple Data Points on Multiple Topics -- Educating -- Writing for a Policy Audience -- Presenting to a Policy Audience -- Communicating to a Policy Audience -- Interacting With the Press and Media -- Data Visualization -- Presenting Quantitative Data -- Elements of a Table -- Title of the Figure or Table -- Table Elements -- Source -- Notes -- Elements of a Figure -- Presenting Qualitative Data -- Elements of Design -- Color -- Typeface.
Note Print version record.
ISBN 9781623964955 (electronic bk.)
1623964954 (electronic bk.)
9781623964931
1623964938
9781623964948
1623964946
OCLC # 876586251
Additional Format Print version: McKeown-Moak, Mary P. Higher education finance research 9781623964931 (DLC) 2013037695 (OCoLC)859168594