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Research indicates that budget increases currently enjoyed by colleges and universities will bring only temporary relief from an imminent fiscal crisis in higher education. Growing student numbers, stagnant public funding, labor development needs in the next two decades combine to predict substantial problems. Five far-reaching institutional reform recommendations to provide high-quality education at lower cost are offered. (MSE)

Focuses on the budgetary problem of colleges and universities in the United States. Causes of the problem; Consequences of the problem; Indepth discussion on the possible solution to the problem.