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I hope that everyone had a restful break and is excited to come back for what will undoubtedly be an eventful year in the world of highereducation. To add to the excitement of the coming few months, I have the pleasure of teaching my PhD class in highereducationfinance again. Department of Education.
This spring, I get to teach my PhD class in highereducationfinance again—the eighth time that I have taught it in my eleven-year faculty career. I use articles, working papers, news coverage, and other online resources to provide a current look at the state of highereducationfinance. Friedman, J.
I am teaching a remote synchronous PhD class in highereducationfinance as my first course at the University of Tennessee, Knoxville. Instead, I use articles, working papers, and other online resources to provide a current look at the state of highereducationfinance. Institutional budgeting.
I have the pleasure of teaching my PhD class in highereducationfinance again at Tennessee this summer. The last three times that I taught the course ( spring 2022 , spring 2020 , and fall 2017 ), I shared my reading list for the class on this blog. The highereducationfinance landscape and data sources Chetty, R.,
Twenty months ago, in June of 2022, New Jersey City University (NJCU) declared a financial crisis. And the school is even “conservatively forecasting” a “break-even balanced budget for fiscal year 2024,” according to NJCU President Andrés Acebo. We really are a model of labor management relations with public universities.”
The average return for all college endowments in fiscal 2022 was negative 8 percent, falling far short of the 30.6 NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on student financial aid. billion), Yale University ($41.3
Highereducation institutions are in a race to replace 20-year-old administrative systems to modernize the faculty and student online experience, yet new findings show that investments across student, finance and human capital management technology systems dipped harshly following a surge in 2022.
University community members convened on Tuesday to hear her speak about its planned program and faculty cuts amid the institution’s 43% enrollment decline in 13 years and $9 million budget deficit. SUNY Potsdam plans to cut up to 14 degrees from its academic catalog, including 11 bachelor’s programs. tuition increase.
[Editor's note: This article first appeared at the Kelchen on Education blog.] This spring, I get to teach my PhD class in highereducationfinance again—the eighth time that I have taught it in my eleven-year faculty career. The highereducationfinance landscape and data sources Chetty, R.,
“It is important to us that financial aid and finances are not what people are thinking about and worrying about through their college experience,” Runiewicz says. Give special attention to building budgeting skills Budgeting was the No. You have to have some kind of a budget,” Runiewicz will tell students.
Blogs Creating a data-informed campus: part 3 Using data to facilitate institutional effectiveness The conversation around data-informed decision making in highereducation continues to accelerate. All too often, however, the question of how to capture these data and use them to positively affect the institution remains.
Successful Mental Health and Well-Being Strategy Requires Cross-Campus Effort To answer this call for increased mental health support, EAB launched the Mental Health Collaborative in Spring 2022. We also provide more hands-on support through our newly launched Financial Performance Collaborative.
Meanwhile, the King’s College is exploring partnerships even as it courts donors, hoping a highereducation savior will step up if the generosity of philanthropists doesn’t come through. In January 2022, officials announced they were dropping annual tuition from $37,000 to $21,000 for students entering that fall.
Image: Facing a budget deficit of $5 million, Southern Oregon University is considering a realignment plan that will include deep cuts, which its president says are necessary to right the ship financially. The new president first learned about the depth of SOU’s budget woes during his third day on the job.
A Fundamental Rethink of the HigherEducation Business Model In the rapidly evolving landscape of highereducation, institutions must embrace educational innovation and strategic adaptation to change. Fast forward to 2022, only 62% of graduating seniors attended college.
Highereducationfinance leaders face declining enrollment , rising labor costs, inflation and decreased funding from state, federal and donor sources as the top challenges expected to have the greatest financial impact on their institutions over the next five to 10 years, according to a recent Syntellis survey.
Blogs An agile solution to higher ed problem solving A new change management model for UW Oshkosh January 31, 2023 Kimberly Langolf Chief of Staff, Finance and Administration, University Affairs, University of Wisconsin Oshkosh The views and opinions expressed are those of the author and do not necessarily represent the views or opinions of EAB.
Blogs EAB Strategic Advisory Services Extends Breadth and Depth of Coverage The challenges facing highereducation have become increasingly complex and interconnected over the past 15 years and in many cases require the collective action of multiple cabinet leaders and divisions to make progress.
Our second cohort concluded in December 2021, our third cohort wrapped up in spring 2022, our fourth occurred in fall 2022, and our fifth occurred in spring 2023. The topics covered included student success, budget models, change management, and more. All cohorts ended with presentations of the fellows’ capstone projects.
Rescuing Waldorf University’s overwhelmed business affairs department from tracking countless purchases by 130 managers from more than 70 departments In prior years, Waldorf University relied on its parent company to manage procurement processes. All of this attributes to the number of late or missing AR/AP assets.
If there is another 0.25% increase in the base rate, as is widely anticipated, this will place government and university finances under further pressure over the next few years with significant negative implications for HE students, the UK Government’s educationbudget in general and the further education college budget in particular.
Blogs Reduce long-term cost growth to rightsize your university Higher ed's budget woes are becoming harder to ignore. At the same time, 28 states continued to fund highereducation at lower levels than before the pandemic, and the average tuition discount rate at private colleges reached an all-time high of 56.2%
Most highereducation leaders are just beginning to realize the long-term impact these mental health concerns could have on enrollment and student success—and just how underprepared their institutions are to meet the challenge. College Pulse Survey, Spring 2022. Why we need to be concerned. Mental health recovery has been slow.
finance, DEIJ) and hinge on unit-level buy-in and behavior. Amid tightening budgets and growing reliance on data to measure success, cabinets increasingly expect CHROs to collect and communicate talent data on issues such as staff turnover and employee engagement, as well as prioritize and justify talent-related investments.
EAB’s Michael Fischer and Maya Graham discuss findings from a new survey of highereducation facilities leaders. The survey explores topics such as talent retention, carbon neutrality efforts, deferred maintenance, space utilization, and computerized maintenance management systems. Transcript [music] 0:00:12.1
One goal is to change the narrative for students and families that are beginning to wonder if highereducation is out of their reach. And that really grew out of a small group in June and July of 2022, getting together. Let's reach out to Paul and let's go that extra mile to be able to do that case management approach."
Studies/Research cited in the episode: The number of teens considering a four-year degree went from 71% in 2020 to 51% in 2022. adults who have experienced highereducation strongly agree their coursework is relevant to their work and day-to-day life. of all of the education institutions in the country.
My first thought after reading it was, “If I were designing the Cal State system in 2022, starting with a blank sheet of paper, this paper would be one decent blueprint to start from.” The authors state their rationale and goals up front: The conventional model of highereducation is facing growing skepticism.
by Rob Cuthbert Highereducation has always been something of a playground for junior politicians; HE ministers usually serve only short terms, and many are practising for bigger jobs. TPS contributions rose sharply on 1 April 2024 as Tom Williams reported for Times HigherEducation on 18 March 2024.
One bill would require institutions to file an annual fiscal monitoring report with the Office of the Secretary of HigherEducation—New Jersey’s highest authority on higher ed, who answers to the governor—and submit to an audit by that office every three years. New Jersey invested nearly $2.8
Mumpower told lawmakers that university leaders should have foreseen a housing crisis, given that it more than quadrupled its 2022–23 scholarship budget to $28.3 “In the fall of 2021, management decided to conduct an extensive recruiting campaign to bring in more students, which by itself is not an issue.
26 December · Episode 187 2023 HigherEducation Year in Review and 2024 Predictions 55 Min · By Dr. Drumm McNaughton Join us in our 2023 HigherEducation Year in Review and Predictions for 2024. Join us in our 2023 HigherEducation Year in Review and Predictions for 2024.
Department of Education, one of the federal governments smallest Cabinet-level agencies, operates programs across every level of education. Even if the federal Education Department remains intact, which academic researchers and other experts assert is most likely, there probably will be changes. Department of the Interior.
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