The events and decisions following a declaration of financial exigency at Saint Bonaventure University (New York) in 1994, which resulted in a substantial reduction in the number of tenured faculty members and a decrease in pay and benefits for remaining employees, are chronicled. The roles of the business officer, faculty, and others in decision…

This book discusses long term strategies for cost containment for higher education that are currently in use or could be employed. Some of the strategies discussed are applicable at various levels of government, some relate to interinstitutional arrangements and some are options of the individual institutions. The chapters are as follows: (1)…