Financing American Higher Education in the Era of Globalization

William Zumeta is a professor in the Daniel J. Evans School of Public Affairs and the College of Education at the University of Washington, a former senior fellow at the National Center for Public Policy and Higher Education, and a fellow of the Teachers Insurance and Annuity Association-College Retirement Equities Fund Institute (TIAA-CREF). He has served as associate dean and acting dean of the Evans School. Zumeta received his master's and PhD degrees from the Goldman School of Public Policy at the University of California, Berkeley, and has previously taught at the University of British Columbia, UCLA, and the Claremont Graduate University. He has studied and written on a wide variety of issues in state and federal higher education policy, finance and accountability, and in a number of chapters and books; he has also contributed to such journals as Policy Sciences, Journal of Policy Analysis and Management, Journal of Comparative Policy Analysis, Economics of Education Review, Journal of Higher Education, Review of Higher Education, Higher Education, and Issues in Science and Technology, among others.

This ambitious book grows out of the realization that a convergence of economic, demographic, and political forces in the early twenty-first century requires a fundamental reexamination of the financing of American higher education. The authors identify and address basic issues and trends that cut across the sectors of higher education, focusing on such questions as how much higher education the country needs for individual opportunity and for economic viability in the future; how responsibility for paying for it is currently allocated; and how financing higher education should be addressed in the future. A major statement by four leading figures within the field, this is an indispensable book at a time of heightened national concern about the future of higher education.