Economic Factors Affecting the Financing of Education. National Educational Finance Project, Volume 2.

Eleven articles on various aspects of educational finance comprise this document, volume two of the NEFP series. Volume one of this series deals with educational needs, volume three with educational planning and finance, and volume four with the impact of educational finance programs. In general, the material in this volume treats education as a product--subject to the constraints of supply and demand. Each article explores a factor or sets of factors considered influential in determining the nature and types of future educational services. Discussed are (1) the relative roles of public and private financial support, (2) the influence of the economy on education, (3) the influence of the social milieu on education, (4) the investment nature of education, (5) the limits of taxation financing, and (6) the impact of educational objectives on educational development. Related documents are ED 036 007, EA 003 536, EA003 538, and EA 003 673. Funds for this research were provided by an ESEA Title V grant. (RA)