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Paradise Found?: The Disruption and Diversification of Funding in Higher Education

Paradise Found?: The Disruption and Diversification of Funding in Higher Education
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Author(s): Edward Lehner (Bronx Community College, USA)and John R. Ziegler (Bronx Community College, USA)
Copyright: 2021
Pages: 16
Source title: Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-5351-0.ch050

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Abstract

This chapter conceptualizes a process for cryptocurrency to diversify traditional methods of higher education funding in the United States. Cryptocurrency funding augments traditional revenue streams and shifts the discussion of education costs from expenses to a more robust conversation about innovative avenues to wealth generation as a potential solution to fund the mission of American higher education. This chapter acknowledges the central concerns of higher education funding as it explores these arguments as legacy discourses rooted in career preparation, accessibility and affordability, and arguments about the need for a broad-based education vs. more technical skills training. Further, an alternative model to current higher education funding models is presented, and if deployed, this asset class could help to serve education needs by funding research, students, and the academy through an illustrated conceptual framework for funding.

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