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| Main Author: | |
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| Format: | Recurso educativo Open Access |
| Language: | en |
| Published: |
2008
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| Subjects: | |
| Online Access: | https://eric.ed.gov/?id=EJ791978 |
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Table of Contents:
- Colleges Curtail Costs but Rarely Count How Much They Have Saved, Report Says Hermes, J. J. Higher Education Operating Expenses Costs Facilities Management Campuses Energy Management Money Management Accountability Cooperatives Purchasing Evaluation Criteria Educational Finance As higher-education institutions across the country struggle with constrained sources of funds, more than 80 percent of state institutions said they rely on energy-management programs to reduce operating costs, according to a report released by the American Association of State Colleges and Universities (Aascu). The report, based on a survey of 114 Aascu members and conducted from November 2007 to January 2008, found that while three in four colleges are satisfied with their cost-containment efforts, few keep track of their progress. A majority of institutions--more than 60 percent of those responding--said they did not regularly quantify their efforts to save money. The 29 institutions that did keep records reported a median savings of approximately $135 per student, or some $1-million a year per college, as a result of cost-containment activities. While many colleges and universities reported cutting costs in energy management, through conservation and energy-efficiency programs, for instance, a sizable number of institutions--61 percent of those responding--indicated that they belonged to purchasing consortia. What those groups most often buy collectively are computer services, liability insurance, office supplies, and library resources, according to respondents.