July-August 2004

July-August 2004

Volume 90, Number 4

Contents

Features

Financial Forces and the Future of American Higher Education
By Ronald G. Ehrenberg and Michael J. Rizzo
Changes in higher education financing are fundamentally reshaping American universities and colleges.

Growing Expenses, Shrinking Resources: The States and Higher Education
By Mark F. Smith
Universities struggle to cope with an increasingly complicated financial future.

The Changing Nature of Financial Aid
By Donald E. Heller
Merit-based student aid rewards those most able to pay for higher education.

Free Higher Education
By Adolph Reed, Jr., and Sharon Szymanski
Eliminating tuition makes financial and political sense.

Federal Underinvestment in Education Research
By Ralph W. Kuncl
We need to know more about what works in higher education.

The Mixed Legacy of Clark Kerr: A Personal View
By Jeff Lustig
Kerr's mammoth achievements rested on blindness and insight.

AAUP At Work

Nota Bene

Annual Meeting

Columns

Book Reviews

Elsewhere on the Web