The term 'cost shifting,' as I use it, refers to those items in a university's budget that used to be reimbursed by the federal government but are no longer paid for by them.
Charles M. VestWe have been restraining the growth of the cost of education-that is, tuition, room and board-to be within approximately one and a half percentage points of the consumer price index.
Charles M. VestNonetheless, the research budgets of the Department of Defense are under enormous stress-and they are extremely important because they support more than 40 percent of all federal funding for engineering schools across the country. So the threat was and is real.
Charles M. VestOver-reliance on strictly economic justifications has already begun to hurt the quality and range of education at every level of American life.
Charles M. Vest