More Ways to Control College Costs in 2023 and Beyond | Eastern North Carolina Now

    Currently, most states use either incremental or enrollment funding to determine the bulk of university appropriations. (Incremental budgeting uses previous budgets as a baseline from which to build new budgets.) Neither method encourages colleges to restrict costs.


    In fact, economist Howard Bowen theorized, in what is now described as Bowen's Rule, that costs at universities are "almost entirely a function of revenue: universities raise as much money as they possibly can and then spend nearly the entirety of it in an attempt to increase prestige. [...] It follows from this that if universities are able to increase their revenue streams, costs will also rise, creating a revenue-to-cost spiral."

    By linking university budgets to institutions' ability to spend money wisely, performance funding can help break the spiral.

    Jenna A. Robinson is the president of the James G. Martin Center for Academic Renewal.

poll#201

Considering what real news is available for all to witness, and in great specificity, should one pursue what is true outside of the channeled realm of the corrupt corporate /legacy media, and: Is Institutionalized Corruption real, and is it a hindrance to sustaining our Constitutional Republic now, and for future generations of American citizens?

  Yes

  No

  Not sure

441 total vote(s)     What's your Opinion?

poll#210

As School Choice is beginning to take shape in North Carolina: What is your position on what it should evolve into?

  School Choice is only a distraction from the promise of real public education.

  School Choice, as it evolves into its best model to serve the public' s education needs, this benefit will provide choices outside of the historic construct supporting the public school monopoly.

  School Choice - I cannot see how it serves the Education Industry.

203 total vote(s)     What's your Opinion?