Cost Containment Study Maryland Community Colleges

Author : Christopher J. Bauerschmidt
Publisher :
ISBN 13 :
Total Pages : 149 pages
Book Rating : 4.:/5 (746 download)

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Download or read book A National Study on Cost Containment Practice Savings at Public Community Colleges written by Christopher J. Bauerschmidt and published by . This book was released on 2011 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the recession of 2008-09, community colleges were experiencing record enrollment increases. Meanwhile, state governments, with their loss in revenue, were being forced to cut funding to the institutions. To meet the growing enrollment demand and still provide access to higher education, institutions needed to increase revenue. Their only options were to raise tuition and fees or reduce operating costs. With the public outcry about the rising cost of higher education, the question of whether community colleges practiced cost containment or not needed to be explored. In an exhaustive search of the literature it was found that a study of cost containment practices in higher education was done for public four-year colleges and universities, but not for public community colleges. A survey, titled The Public Community College Cost Containment Questionnaire, was sent to 981 community colleges to assess if cost containment practices were being utilized for fiscal year 2008-09. The responses demonstrated that institutions placed a strong importance on cost containment practices. It was found that the most savings documented by the institutions were realized through the following: facility and infrastructure energy management, adjustments to staffing levels, and changes in academic and extracurricular activities.