How To Weather the Coming Economic Storm
| The Recession-Proof College |
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| How to Weather the Coming Economic Storm |
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Colleges have reaped the benefits of a bull market for almost 11 years, the longest in American history. But all bull markets eventually end, whether that takes the form of a slowdown, a brief downturn, or a full recession. Rather than shift into short-term crisis mode, institutions must evaluate their mission, establish financial priorities, and intensify their efforts to retain and graduate students.
The Chronicle's issue brief, "The Recession-Proof College," explores how institutions can create financial stability, adapt to an ever-evolving market, and emerge from an economic downturn stronger and savvier. At a time when increasing tuition is rarely an option, it is essential that colleges and universities develop austerity plans and increase reserves. |
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| With strong leadership, strategic mission-driven planning, and a continued emphasis on student success, your institution can be better equipped to mitigate the impact of the next economic downturn. |
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