BY ROBERT A. SCOTT According to Moody’s Investors Service, about 25% of private colleges are experiencing budget deficits. It also is estimated that traditional high school graduates will decline by 9% between 2026 and 2031, reducing by almost 300,000 the number of four-year college students. Moody’s also predicts more campus mergers and closings. Finally, it…
BY BRIAN C. MITCHELL One of the most interesting responsibilities as a college president is to serve as a member of the president-led athletic conferences. With experience as a chair of conferences at the Division I and Division III levels, I can report that there are some striking differences between the divisions. But what stands…
BY BRIAN C. MITCHELL According to Inside Higher Education’s recent survey of college business officers, only 44 percent of those at private baccalaureate institutions believed that their institutions would be financially stable over the next decade. That means the leaders of these institutions – most of which lack a sizeable endowment – will need to…
BY BRIAN C. MITCHELL Inside Higher Education (IHE) released its 2018 Survey of College and University Business Officers last week. While the findings vary across the different sectors of American higher education, many are sobering, especially for four-year private colleges. Many Small, Private Colleges’ Financial State is Perilous According to the IHE survey, conducted in…
POSTED BY MARTIN KICH One of the basic logical fallacies that composition teachers warn their students to avoid is argument by analogy. No one has ever accused California Governor Jerry Brown of being uneducated or unintelligent. But, all too often, Progressives have latched onto their own harebrained ideas about “reforming” education. Of course, political brainstorms…
BY BRIAN C. MITCHELL The failure to grow net tuition revenue is an existential threat to America’s colleges and universities. Most are overwhelmingly dependent upon tuition, fees, and room and board to support the educational program that they offer. Colleges operate with fixed costs in labor, benefits, land, state and federal reporting requirements, and debt…
BY BRIAN C. MITCHELL For the American consumer, there is a good deal of persistent confusion about the cost of higher education. Media reports usually point to the high “sticker price,” which does not reflect the actual cost of an education that most American families pay. On the public side, it fails to incorporate the…