After 11 years of a bull market, the coronavirus pandemic has been the catalyst for an economic downturn; in the coming months, many economic experts predict 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,” advises academic leaders on how to prepare for the inevitable downturn, maintain relevancy in an ever-evolving market, and implement austerity plans.