Financial Management Analysis and Trends: For-Profit Schools
Financial Management Analysis and Trends: For-Profit Schools
06/13/2012
ED 7837
TABLE OF CONTENTS
Introduction……………………………………………..………………………………………..……………………………………..3
Abstract………..…………………………………………..…………….………………………………………………………………..3
Where the money comes from: Revenue sources……………………………..….……..……………………………5
Pricing and discounting practices within institutions..…………………………...………………………………….6 Where the money goes: Standard expense categories……………………….….……..…………………………7
What is tuition discounting…………………………………………………………………...………………………………...8
Tuition discounting is attractive to higher education institutions..……………………………….………….9
Negative consequences to tuition discounting………………………………….……………..……………….…..10
For-Profit and Distance Learning Schools.……….……………………………….…………………………………...12
Trends in revenue and funding………………………………………………………….…...……………………….…….11
Gainful employment.……………………………………………………………………………….…………………………….13
Solutions……………….…………………………………………………………………………..……….………………………….14
Conclusion………………………………………………………………………………………….……….…………………………15
References…………………………………………………………………………………………………………………………….16
Introduction The most important investment that someone will make in life is education. It sets the foundation for one’s professional life and career. Education needs to be accessible to everyone who chooses to pursue it. This means that education should be accessible both in a classroom, online, digital, for both non-traditional and traditional students. Having the opportunity to earn a degree is both fundamental to a student’s success in life and increases their chances of being a well-rounded individual with goals and expectations for a profession.
Abstract
The mushrooming of student financial aid in all its forms has transformed the economics of American Higher Education. For private colleges and universities, the privatizations era has brought robust prosperity and confidence. In the public sector, privatization has
06/13/2012
ED 7837
TABLE OF CONTENTS
Introduction……………………………………………..………………………………………..……………………………………..3
Abstract………..…………………………………………..…………….………………………………………………………………..3
Where the money comes from: Revenue sources……………………………..….……..……………………………5
Pricing and discounting practices within institutions..…………………………...………………………………….6 Where the money goes: Standard expense categories……………………….….……..…………………………7
What is tuition discounting…………………………………………………………………...………………………………...8
Tuition discounting is attractive to higher education institutions..……………………………….………….9
Negative consequences to tuition discounting………………………………….……………..……………….…..10
For-Profit and Distance Learning Schools.……….……………………………….…………………………………...12
Trends in revenue and funding………………………………………………………….…...……………………….…….11
Gainful employment.……………………………………………………………………………….…………………………….13
Solutions……………….…………………………………………………………………………..……….………………………….14
Conclusion………………………………………………………………………………………….……….…………………………15
References…………………………………………………………………………………………………………………………….16
Introduction The most important investment that someone will make in life is education. It sets the foundation for one’s professional life and career. Education needs to be accessible to everyone who chooses to pursue it. This means that education should be accessible both in a classroom, online, digital, for both non-traditional and traditional students. Having the opportunity to earn a degree is both fundamental to a student’s success in life and increases their chances of being a well-rounded individual with goals and expectations for a profession.
Abstract
The mushrooming of student financial aid in all its forms has transformed the economics of American Higher Education. For private colleges and universities, the privatizations era has brought robust prosperity and confidence. In the public sector, privatization has
References: Barr, M. (2002). The Academic Administrator’s Guide to Budgets and Financial Management. San Francisco: Jossey-Bass, Inc. Bedard-Voorhees (2004). An evaluation of performance budgeting, performance funding, and performance reporting in U.S. Higher Education. Unpublished manuscript. Littleton, CO: Author. Burke, J.C Heller, Donald. 1997. “Student Price Response in Higher Education.” Journal of Higher Education 68 (6): Heller, Donald Hirsch, Werner. 1999. A Financing Education Through Nontraditional Revenue Sources.@ Pp. 75-83 in Werner Z. Hirsch and Luc E. Weber (eds.), Challenges Facing Higher Education at the Millennium. Phoenix, AZ: Oryx Press. Parry, M. (2010, January). Colleges see 17 percent increase in online enrollment. Retrieved from http://chronicle.com/blogPost/Colleges-See-17-Percent/20820/.html Field, K Bass, B.M., & Steidlmeier, P. (1999). Ethics, character, and authentic transformational leadership. The Leadership Quarterly, 10, 181-217. Dionne, I. L., & Kean, T. (1998) Breaking the Social Contract: The Fiscal Crisis in Higher Education.