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Public No MoreA New Path to Excellence for America's Public Universities$
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Andrew J. Policano and Gary C. Fethke

Print publication date: 2012

Print ISBN-13: 9780804780506

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804780506.001.0001

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Public No More

Public No More

(p.213) 12 Public No More
Public No More
Stanford University Press

This chapter focuses on the transition of public universities in the U.S into “public-no-more” universities. It explains that permanent public funding reduction and state and federal actions requiring the replacement of taxpayer support with tuition revenue is transforming higher education into a private good. It describes the defining characteristics of a public-no-more university which include the adoption of a high-tuition-high-financial aid model, restructuring of the governance process, and encouraging entrepreneurial strategies. This chapter also considers the debate on the adoption of business-style budgeting and planning practices for public universities.

Keywords:   public universities, U.S. public-no-more universities, public funding reduction, private good, higher education, high-tuition-high-financial aid model, governance process, entrepreneurial strategies, budgeting, planning processes

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