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Breaking the Social Contract

The Fiscal Crisis in U.S. Higher Education

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This report offers the results of a two-year study by the Commission on National Investment in Higher Education. Established by the Council for Aid to Education in 1994, the Commission was asked to examine the financial health of America's higher education sector. Our central finding is that the present course of higher education--in which costs and demand are rising much faster than funding--is unsustainable. Therefore, we call upon the nation to address the fiscal crisis now, before millions of Americans are denied access to a college education.

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Paperback Cover Price: $7.00

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Pages: 24

Contents

To Our Readers HTML

Overview

The Threat from Within

Dimensions of the Fiscal Crisis

Institutional Roadblocks

Recommendations

Supporting Documents

Members of the Commission on National Investment in Higher Education HTML

About the Council for Aid to Education HTML

Reviewers' comments about this report HTML

Council for Aid to Education reports (CAE) were monograph/reports (MR) produced by the Council for Aid to Education. CAEs were published at RAND from 1997 to 2000. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.

The RAND Corporation is a nonprofit research organization providing objective analysis and effective solutions that address the challenges facing the public and private sectors around the world. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.

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