Vermont has an unusual two-year college system. There is no campus, no full-time faculty, no grades or credits are given, students develop their own performance contracts, non-traditional courses are offered, and life experiences are counted toward a degree. Methods of finance and the lack of a model on which to evaluate success are the major…

From the early 1960's to about 1970, the hunt for revenue absorbed most of community college educators' energies and ingenuity. Today, while they continue to search for new sources, educators are looking at the other side of the balance sheet--namely, better utilization of resources through improved management and cost effectiveness. This…