From Empty Classrooms to Efficient Campuses: A Market-Based Approach to University Facilities. Policy Brief

Saved in:
Bibliographic Details
Title: From Empty Classrooms to Efficient Campuses: A Market-Based Approach to University Facilities. Policy Brief
Language: English
Authors: Richard K. Vedder, James G. Martin Center for Academic Renewal
Source: James G. Martin Center for Academic Renewal. 2025.
Availability: James G. Martin Center for Academic Renewal. 353 East Six Forks Road Suite 200, Raleigh, NC 27609. Tel: 919-828-1400; Fax: 919-828-7455; Web site: https://www.jamesgmartin.center/
Peer Reviewed: N
Page Count: 5
Publication Date: 2025
Intended Audience: Policymakers
Document Type: Reports - Evaluative
Education Level: Higher Education
Postsecondary Education
Descriptors: Colleges, School Buildings, Facilities Management, Space Utilization, Educational Facilities Improvement, Real Estate, Construction (Process), Costs, Labor Legislation, State Legislation
Abstract: Colleges and universities across the country are burdened with inefficiently utilized facilities, leading to unnecessary costs, wasted space, and misplaced financial priorities. This policy brief examines the systemic mismanagement of campus facilities and proposes market-based reforms to legislatures and trustees in order to optimize space usage, reduce waste, and refocus universities on their core academic mission. By implementing these reforms, universities can lower costs, improve space utilization, and refocus resources on their primary mission of creating and disseminating knowledge and creative endeavors.
Abstractor: ERIC
Entry Date: 2025
Accession Number: ED672598
Database: ERIC
Description
Abstract:Colleges and universities across the country are burdened with inefficiently utilized facilities, leading to unnecessary costs, wasted space, and misplaced financial priorities. This policy brief examines the systemic mismanagement of campus facilities and proposes market-based reforms to legislatures and trustees in order to optimize space usage, reduce waste, and refocus universities on their core academic mission. By implementing these reforms, universities can lower costs, improve space utilization, and refocus resources on their primary mission of creating and disseminating knowledge and creative endeavors.