The U.S. economy took a historic nosedive in 2007-2010. It was the worst downturn since the Great Depression of the 1930s. However, evidence is emerging which suggests the country is in the midst of an economic recovery. In February 2010, the U.S. Commerce Department reported that GDP rose at a 5.9 percent annual rate in October through December…

The British system of student loans has a zero real rate of interest, less than it costs the government to borrow the money. This paper discusses the problems that arise from interest subsidies in the UK system of student loans; systems in other countries, for example Australia and New Zealand, face similar problems. The topic appears to be narrow…

After decades of focusing on expansion and access, California's institutions of higher education are now being handed a more difficult charge: to dramatically increase the number of college graduates with diminishing state funding. There is a growing consensus that the United States needs to ratchet up its production of college graduates to turn…

Financial indicators to describe and measure the condition of colleges and universities are discussed including: determining capital charges against current revenues, analyzing revenue structures, dissecting the expenditure structure, and restating current fund revenues and expenditures. (MLW)

Whether or not there will be enough funds available to meet required expenditures has become an annual dilemma for most colleges and universities in recent years. This publication, based on a survey conducted among the 130 member institutions of the National Association of State Universities and Land-Grant Colleges (NASULGC), is an attempt to show…

This essay compares Germany's persistent financial disequilibrium with the balance of payments situation in the United States. Delivered at a Symposium on German Economic Growth and Stability, the author concentrates on Germany's balance of payments surplus and presents U.S. figures mainly as a point of comparison. The material on Germany has been…

American and European business taxation policies are compared in this booklet. Topics discussed in the paper include effects of the corporation income tax, integration of income taxation, and the value added tax. Two major differences between the American and European systems are noted. First, European countries derive substantial portions of…

This report on the financial status of Ontario (Canada) universities notes that Ontario's universities continue to receive less than universities in any other Canadian province in per capita funding and have had the largest two-year decline in public funding of any jurisdiction in Canada or the United States. It notes that although total operating…

The ways that British universities allocate their resources are discussed, with attention to different styles, techniques, and decison-making structures. Since the purpose is to describe institutional models of resource allocation, specific universities are not identified by name. After identifying the sources of income and the breakdown of…

This paper begins with a review of existing financial arrangements in countries belonging to the Organization for Economic Cooperation and Development. Attempts are made to assess the effects of alternative methods of finance on inequalities in education. In addition, some of the proposals that have been made for changing the distribution of costs…

Discusses cultural differences between Indian and white people in their perceptions of money and the meanings of certain English words such as greed and jealousy. Identifies possible sticking points in Indian-white communication and political/economic relationships. Relates intratribal disputes and factionalism to impose financial situations and…

During the past several years, Allen County Community College has experienced a growing number of uncollected student accounts. In an effort to encourage timely payment of student charges, lower the number of students receiving payment deferments, increase cash flow at the beginning of each semester, and reduce the number of bad debts being…

The development of policy to respond to reduction and financial exigency in higher education was studied, based on a survey of presidents of 19 public and 35 private colleges and universities. In addition to assessing policy development, the survey was directed to efforts to increase enrollments and revenue and to reduce expenditures and criteria…

Information is presented on 1980-81 tax performance and educational spending in Southern Regional Education Board (SREB) states, the relationship of state and local taxes to personal income in all the states, and utilization of tax ability and major tax bases. Additionally, factors producing serious state and local budgetary problems are…

Private higher education is an important part of the American higher educational system. Despite its acknowledged achievements, the private sector is widely believed to be in serious jeopardy. The present study is intended to provide regular annual reports on trends and the financial and educational conditions of the private sector for the entire…