How to Shore Up Institutions Now and Reinvent Them For the Future
Financial pressures on institutions have mounted in recent decades. Now, however, financial health is even more unpredictable, and the challenges have increased in complexity, seemingly overnight. Rising labor costs, decreased public funding, suppressed tuition revenue, and demographic changes are straining the college business model.
The Chronicle’s report,“Sustaining the College Business Model,”examines how institutions can anticipate and plan for change, develop new revenue streams, streamline operations to control spiraling costs, and position for a sustainable future.