Ethical Implications of How MonetaryFinancing Issues are handled in Higher

Ethical implications of how monetaryfinancing issues

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Ethical Implications of How Monetary/Financing Issues are handled in Higher Education Ethical issues in financial institutions affect every person since if one does not work directly in the field then he/she is the consumer of the service. Institutions of higher learning form part of financial institutions. Allocation of funds to institutions of higher learning is very complex in that there are multiple sources of revenue and revenue and expenditure patterns varies significantly from the types of institutions and mode of governance for these institutions by each state. It is therefore important to consider various policies in relation to funding. They include: quality, that is relationship between funding and quality of services offered in return?
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LITERATURE 6 Access, measures who benefits from the funds and efficiency which looks into cost effective relationship between revenues from students and taxpayers and overall output. This is dependent on the enterprise. According to Pike and Neale (2006) , micro economic concepts are also applied in calculating the rate of returns, audit and monitoring for accountability purposes, levels of investment to generate money, funding formula for various institutions etc., these concepts are part of the policies mentioned above. Conclusion Clearly, higher education is very expensive today. Students and their families are experiencing a lot of constraints in raising the required funds. Education should cater for all people irrespective of their financial status. Institutional leaders are facing tough times from the education policies in control of funding. Reformists like Cohen feel that a lot needs to be done to achieve academic excellence since education is the driving force of the country. This refers to his question, who should pay for it? Is it possible to achieve free public college and university education in the U.S?
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LITERATURE 7 References Baum, S., Kurose, C., & McPherson, M. (2013). An overview of American higher education. The Future of Children , 23 (1), 17-39. Cohen, D. K., & Ball, D. L. (1999). Instruction, capacity, and improvement. Hanan, D. E. (2011). National transgressions: Representing the mobile, boundary-busting American during periods of major economic crisis . University of Southern California. Pike, R., & Neale, B. (2006). Corporate finance and investment: decisions & strategies . Pearson Education. Soares, L., Steele, P., & Wayt, L. (2016). Evolving Higher Education Business Models.
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LITERATURE 8
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