Mission and money
Subtitle: understanding the university
By: Burton A. Weisbrod, Jeffrey P. Ballou, Evelyn D. Asch.
Contributors: Ballou, Jeffrey P., 1971-; Asch, Evelyn Diane, 1956-
Publisher: Cambridge University Press
Published: 2008
Place of publication: Cambridge, NY
Language: eng
Number of pages: 339
ISBN-13: 9780521515108
Subjects: Universities and colleges -- Finance; Education, Higher -- Aims and objectives
Description: "Mission and Money goes beyond the common focus on elite universities and examines the entire higher education industry, including the rapidly growing for-profit schools. The sector includes research universities, four-year colleges, two-year schools, and non-degree-granting career academies. Many institutions pursue mission-related activities that are often unprofitable and engage in profitable revenue-raising activities to finance them. This book contains a good deal of original research on schools' revenue sources from tuition, donations, research, patents, endowments, and other activities. It considers lobbying, distance education, and the world market, as well as advertising, branding, and reputation. The pursuit of revenue, although essential to achieve the mission of higher learning, is sometimes in conflict with that mission itself. The tension between mission and money is also highlighted in the chapter on the profitability of intercollegiate athletics. The concluding chapter investigates implications of the analysis for public policy."--Jacket.
Notes: Includes bibliographical references and index.