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Mission and Money: Understanding the University

by Burton A. Weisbrod

Cambridge University Press

Paperback 356 pages English March 29, 2010

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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, while 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.
Author:
Burton A. Weisbrod
Publisher:
Cambridge University Press
Publication Date:
March 29, 2010
Number of pages:
356 pages
Language:
English
Binding:
Paperback
ISBN-10:
0521735742
ISBN-13:
9780521735742