Cost simulation models offer an important new tool for colleges and universities struggling with new demands for greater efficiency and accountability and new requirements for reporting to both state and federal governments. But there are a number of approaches to modeling, a variety of models available to planners, and not a little confusion in the minds of administrators contemplating their use. In an effort to clear up some of that confusion, SCUP held a conference--"Let's End the Confusion About Simulation Models!: A Candid Discussion of Their Place in Higher Education"--in March 1973 in Washington, D.C. This article is adapted from the conference proceedings.
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