Financing Institutions of Higher Education

John Y. Campbell is the Morton L. and Carole S. Olshan Professor of Economics at Harvard University and a research associate of the National Bureau of Economic Research. Kaye Husbands Fealing is a professor in the Jimmy and Rosalynn Carter School of Public Policy at the Georgia Institute of Technology and the assistant director of the Directorate for Social, Behavioral, and Economic Sciences at the National Science Foundation.

• AcknowledgmentsIntroductionJohn Y. Campbell and Kaye Husbands Fealing1. The Ebbing Tide: How Will Higher Education Adapt to Demographic Change?Jacob L. VigdorComment: Francisca M. Antman2. How Much Can Families Afford to Pay for College?Peter HinrichsComment: Phillip Levine3. Predicting College Closures and Financial DistressRobert Kelchen, Dubravka Ritter, and Douglas A. Webber4. Endowment Spending RulesChristopher Avery, Ronald Ehrenberg, Catharine Hill, and Douglas A. WebberComment: Jeffrey R. Brown5. Economic Budgeting for Endowment-Dependent UniversitiesJohn Y. Campbell, Jeremy C. Stein, and Alex A. WuComment: Antoinette Schoar6. The Role of Debt in Financing Higher EducationMatteo Binfarè and Kyle E. ZimmerschiedComment: Daniel Bergstresser7. Financing Community Colleges: Current Landscape and Future DirectionsNikki Edgecombe, Elise Swanson, Thomas Brock, Maria Cormier, Christopher Avery, and Carmen Huynh8. Distance to Opportunity: Higher Education Deserts and College Enrollment ChoicesRiley Acton, Kalena E. Cortes, and Camila MoralesComment: Zachary Bleemer9. Examining the Effects of Tuition Reset Policies on Enrollment and Institutional Finances at Minority Serving InstitutionsJames Dean Ward, Daniel Corral, and Catharine HillComment: Bridget LongPanel DiscussionThe Finances of a Public Flagship UniversityBenjamin E. HermalinStrategy-Centered Leadership and Financial Management Is Needed in Research UniversitiesRobert A. BrownFinancial Management Challenges in Higher EducationLisa M. LynchAuthor IndexSubject Index