Question

Last year Zelnick College showed a positive revenue over expenses number for the first time in several years. The college is funded with contributions, grants, two government appropriations (state and local), and tuition and fees. Zelnick College is most likely what type of college?

A. A private for-profit college.
B. A private not-for-profit college.
C. A public university engaged primarily in governmental activities.
D. A public university engaged primarily in business-type activities.

Answer 1

Zelnick College is most likely a public college due to its funding through government appropriations, in addition to other sources such as contributions, grants, and tuition fees.

Step-by-step explanation:

Zelnick College, which has recently shown a positive revenue over expenses and receives funding through contributions, grants, government appropriations (both state and local), along with tuition and fees, is most likely a public college or university. A private institution typically relies more heavily on tuition and private contributions, whereas the involvement of government appropriations indicates public funding. The positive financial results may reflect efficient management or successful fundraising, possibly influenced by policies aimed at making college more affordable and increasing the value of higher education.

The challenges of financing higher education have become more pronounced over the past several decades, with the cost of college education increasing significantly. This has led to a robust debate about the best ways to finance higher education and how to manage the provision of education to ensure affordability while maintaining quality and accessibility.