Dismal Endowment Returns Shed Light on Faulty Financial Model
BY BRIAN C. MITCHELL Last week, National Association of College and University Business Officers (NACUBO) and Commonfund released their report on the endowment performance of the 805 colleges and universities who responded to their survey. The outlook was fairly dismal and sheds light on the precarious foundation on which American higher education’s financial model is…
What Schools Help Students Climb the Income Ladder?
BY BRIAN C. MITCHELL There is plenty of data suggesting that education, particularly a college or university degree, leads to higher incomes. Less is known about the impact of higher education — and specific schools — on socioeconomic mobility, that is, moving from one “rung” of the income ladder to another. A new study by…
Think NEH Funding is Only a Federal Issue? Think Again.
BY BRIAN C. MITCHELL News reports last week that President Trump’s first budget may eliminate support for the National Endowment for the Humanities (NEH) has alarmed many of humanities supporters and scholars. But the de-funding of the NEH – or the National Endowment for the Arts (NEA) and Corporation for Public Broadcasting (CPB) — should…
In Face of Failing Financial Model, What's a College to Do?
BY BRIAN C. MITCHELL There is a basic, fundamental truth about the American college or university operating model: It doesn’t work. In the second half of the 20th century, America’s colleges and universities moved toward a similar operating model, depending upon their size, purpose, and funding source. Some scaled up to the research powerhouses that…
What are Costs of New York's "Free" Tuition Proposal?
BY BRIAN C. MITCHELL It may be an effort to continue Bernie Sander’s legacy by re-introducing the “free college” movement. It may also be a way to recast the Democratic Party in its “return to the working class defender” role. Or, it may be that New York Governor Andrew Cuomo is staking his claim to…
Are Higher Ed Professionals a Resource or Part of "the Swamp"?
BY BRIAN C. MITCHELL One of the striking features of the new presidential administration appears to be the difference between fact and perception. On most levels, it seems that optics matter more than words.Facts seem to be afterthoughts to positions floated. Further, it looks like many positions shift regularly depending upon how the outcome is likely…
Growing gap between flagship state universities & public colleges
BY BRIAN C. MITCHELL Writing in the New York Times last month, Laura Pappano offered a thoughtful analysis of the efforts by public colleges – principally public flagship universities – to find new sources of revenue, diversify their student bodies, and expand their national reputations. It’s an interesting trend that should be watched closely. America’s…
College Ratings and Rankings: The Debate Continues
BY BRIAN C. MITCHELL Last month’s Huffington Post College article (also published on Academe), “Grading Higher Education: When Worlds Collide,” sparked a lively offline discussion and is worthy of additional exploration. In that post, we examined how various magazines, journals, and other outlets grade American higher education in their version of what some call the…
Is there seat at post-election table for US higher education?
BY BRIAN C. MITCHELL MSNBC’s Thomas Roberts speculated recently about whether there was enough soap in America to wash off the mud splattered by the dirty, depressing, and uninspired efforts by both presidential candidates to win votes. A week ago, we answered the question of who will lead us over the next four years. With…