Abstract
Amid declining state funding, are public universities seeking alternative revenue streams to try and keep tuition and fees down? Is diversification just a public university phenomenon? If both private and public schools are seeking new sources of revenue, then state appropriations may not be the impetus. Instead, institutional characteristics may have a greater influence. This study examines higher education institutions (HEIs) by sector using the Integrated Postsecondary Education Data System (IPEDS) from fiscal years 2003-2004 through 2016-2017. Previous research has found each state to be different in their policies, politics, and fiscal health. Controlling for these variables, my study finds that institutional characteristics influence which HEIs seek alternative revenue streams and that these characteristics often strengthen the relationship between state appropriations and alternative revenue sources.
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