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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After the last economic downturn, now referred to as the Great Recession, college enrollment numbers boomed, but state funding decreased. With a decline in government support, families are forced to decide how much they are willing to pay for tuition – and many have reached their limit. The recession also changed how the public views higher education overall; what was once considered a public good is now viewed as a private investment. The Chronicle’s new issue brief, “The Recession-Proof College,” advises academic leaders on how to prepare for an inevitable downturn, offers strategies to maintain relevancy in an ever-evolving market, and explores the benefits of stress-testing to gauge readiness.
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