ERIC ED058873: The Financial Crisis in the pdf

ERIC ED058873: The Financial Crisis in the

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Description of the Book:

The author examines the financial crisis in community colleges on a national scale in this first paper in a projected long-range study of this crucial topic. Economic causes contributing to the crisis include inflation, rising enrollments, and such labor-intensive aspects as spiraling labor and security costs, and increasing demands for funds by such programs as those serving the disadvantaged and the community. At the same time agencies dealing with social security, ecological balance, environmental preservation, and recreational facilities among others have become powerful competitors for funds. The third major contributor to the crisis is the public who increasingly has been showing its disaffection with education by defeating public referendums and bond proposals. For these reasons the author describes insolvency as a real threat for the first time since the depression, and stresses that the role of education is being questioned on all fronts by society as never before in American history.

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• Creator/s: ERIC
• Date: 1972-02
• Year: 1972
• Book Topics/Themes: ERIC Archive, Economic Climate, Educational Administration, Educational Economics, Educational Finance, Financial Policy, Financial Problems, Financial Support, School Funds, Two Year Colleges, Lombardi, John

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