This review draws on William Massy's recent book--"Honoring the Trust: Quality and Cost Containment in Higher Education" (Anker Publishing, 2003)--to establish the case for change and to suggest some of the tools to better manage institutions. Also included are two disparate resources to help reach that goal--resources that are used by…

Great Britain is in a severe budget crisis, causing more serious problems for higher education than for other sectors of the economy. Cuts have been applied to individual universities and programs unevenly. Dissention within higher education has resulted, and the unique higher education financing system is at the controversy's center. (MSE)

This article brings attention to decision-making in the world of state financing for higher education. It reflects on the origin of this field and the system builders in the 1960s and 1970s, who needed to figure out rational ways to both justify funding requests to the state and distribute resources among institutions. The article highlights one…

Causes and effects are examined for recent cuts in the budgets of the Office of Education's Fund for the Improvement of Postsecondary Education (FIPSE) and the National Institute of Education (NIE). Through interviews with agency executives the author finds new priority placed on selling themselves and their products to Congress. (JT)

A strategy for college financing that would require each student to pay only for his share of the part of his college education financed from tuition and fees is outlined. Students consuming more goods and services would pay proportionately more than those consuming less. (MSE)

Ideas from current economic theory are applied to the nation's attitudes toward higher education. Ideas about asymmetric market information, trust markets, nonprofit firms, and maximization on campus are discussed. Public relations problems concerning accounting, deficits, and interest arbitrage are identified. The need for increased efficiency…

Nine recommendations are offered for making the Teachers' Insurance Annuity Association (TIAA) and College Retirement Equities Fund (CREF) more attractive and competitive retirement investment vehicles for college faculty. They include broadening of account choice, fund transfer and management options, and counseling services. (MSE)

College science education is at risk of becoming mired in the "reform culture" that has long been problematic in precollege science. A single universal solution to student underpreparedness and lack of sustained interest cannot be found, but a departmental level commitment to change and reallocation of resources is necessary to achieve program…

Three opinions are offered: (1) The federal government should be seeking ways of strengthening state, local, and institutional leadership by placing federal resources at the service of state and local agencies. (2) Social policy should not be handled by the states. (3) Keeping a proper balance between local and federal administration requires…

Higher Education needs a rebirth of academic management to combine educational policy and planning with financial administration. The approaches to strategy-making at four institutions at Hood, Hartford, Minnesota, Minneapolis-St. Paul, and Teachers College are described. (MLW)

Higher education has made decisions on behalf of government through federal use of the accreditation system, private needs analysis systems, and peer review for allocating program, student aid, and research funds. Noting that these procedures are threatened, the author calls for reform of higher education management to preserve some autonomy. (JT)

ACIR recommends that state legislatures include all federal aid funds in their own appropriations bills, prohibit the expenditure of federal funds in excess of the amount states appropriate themselves, and specify spending priorities by establishing subprogram allocations. Implications of these recommendations are discussed. (LBH)

The decade of the 1970s saw the evolution of a regulatory society and a growth in the degree of external oversight of higher education by elected officials. Achieving balanced governance in the 1980s centers around a leadership role at the state higher education coordinating level. (MLW)

Analysis of patterns of federal and state spending on student aid, enrollment patterns, and policies that sometimes work at cross-purposes suggests that, although the machinery is in place for an equitable system, the American people must adjust their spending priorities to invest more seriously in the country's human resources. (MSE)

A tongue-in-cheek guide for new administrators contains observations on these topics: education policy, faculty governance, the board and other constituencies, life in the bureaucratic lane, the use and abuse of resources, the administrator's worst enemy, and maintaining perspective on the job. (MSE)