The literature on financial issues in higher education is limited. Six major themes in the literature in l996 include the reduced federal role and increased state role in funding; managing costs, including deferred maintenance and capital spending in times of shrinking resources; concern about rising tuition and its impact on access; concern about…

A study tested the hypothesis: The greater the amount of philanthropic income per dollar of tuition, the smaller the fraction of bachelor's degrees in occupational fields. Findings support the contention that a college's tuition dependence is associated with its tendency to adjust its curriculum to match student consumer preferences. (MLW)