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…
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…
Note: This was originally published on Raging Chicken Press earlier today. I did my PhD work at Miami University. No, not in Florida – Miami University in Oxford, OH. There was a t-shirt in the bookstore that always provided a snarky retort to those who made the assumption that I was writing my dissertation in Florida:…