Financing Education and the Crisis of Sustainability

Autor: Alex Posecznick
Rok vydání: 2017
DOI: 10.7591/cornell/9781501707582.003.0006
Popis: This chapter turns to the most pressing and consequential of numbers—fiscal ones. It shows how the financial conditions that disciplined the Ravenwood community shape the way the college operates and drive the ways that they resolve problems. Ravenwood's approach to recruitment, branding, and converting applicants into students was deeply informed by its available resources and the economic conditions of its students. A sudden and large endowment can lead to facilities that are marked with eliteness, celebrity faculty and scholars who are known in the right circles, and strategic management of metrics that will lead to movement in rankings. In short, for institutions and individuals alike, choice is constrained by cost. Ravenwood's lack of financial resources took away more options.
Databáze: OpenAIRE