This book examines the financial structures and policies that support community colleges. It delves into the historical context of community college funding, analyzing various revenue streams and expenditure patterns. The authors, James L. Wattenbarger and Sherry L. Mercer, present an argument for sustainable and equitable financing models. The work is grounded in data and policy analysis relevant to the late 20th century.

The book is likely to be regarded as a foundational text for understanding the financial landscape of community colleges during the late 20th century. Its detailed analysis of funding streams and policy implications would appeal to administrators, policymakers, and researchers in higher education. The work provides a historical perspective that can inform contemporary discussions on college affordability and sustainability.