It is both the best of times and the worst of times for America's community colleges. In the 100 years since their creation, these colleges have spread across the United States to become the largest sector of higher education, representing nearly 1,200 regionally accredited institutions within commuting distance of over 90 percent of the…

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…

Fund accounting, currently used by many colleges and universities to report their economic performance, may obscure rather than clarify the facts for institutional constituencies. Global accounts are more thorough and descriptive of the institution's financial status, and can be used in conjunction with traditional accounting. (MSE)

A proposed change in federal student loan policy from providing loans through lending institutions to providing loans directly to students is of enormous importance to higher education, with major implications for colleges and universities. There are powerful arguments pro and con. Institutions must ensure they and policymakers understand the…

Liberal arts colleges occupy a unique place in the landscape of higher education. Whether defined, as David Breneman has, as an exclusive group of about 200 schools that award a large percentage of their degrees in traditional liberal arts fields, or as a more inclusive group of baccalaureate institutions, liberal arts colleges focus on…

Every six years or so, reauthorization of the Higher Education Act of 1965 provides the opportunity for Congress--and the nation--to examine the current conditions and consider the future needs of higher education. While reauthorization tends to focus on funding and on "fixing" postsecondary education's most visible problems, the…

Comparative data are gathered on (1) the institutional and nontransferrable fellow awards and (2) individual and portable awards of the Danforth Fellowship program. Results indicate that students attending elite universities will overwhelm their competitors in a national competition that is academically oriented and that open competition does not…

Higher education, the California dream for well over 2 million undergraduate students, is turning into a nightmare. The Golden State's promise of unparalleled access to community colleges and universities is fast becoming a tarnished relic of the past. And this state of affairs is occurring at a time when the demand for higher education has never…

Public colleges and universities are complex organizations that assert their institutional autonomy as they simultaneously operate in a context demanding response to public and political scrutiny. State boards and legislators, for example, enact programs, incentives, or regulations in many policy arenas designed to affect how colleges operate. One…