While the cost of providing higher education continues to increase, traditional sources of revenue—such as state funding, tuition, and endowments—are decreasing, forcing leaders in higher ed to find new ways to remain viable. By employing new strategies, business models and technologies, and finding smarter ways to use available data, these leaders are fostering a climate of creativity and innovation, reshaping the way colleges and universities can sustain themselves.
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Higher education leaders are continually urged to innovate as they guide their institutions into the future. This compendium of research and best practices explains how successful institutions have translated this call to action into tangible results.
The decision to consolidate or merge higher education institutions is never easy, and the process is nearly always painful and costly. But given the potential benefits, and current fiscal realities, leaders need to consider mergers in their long-term strategic plans.
Each time a liberal arts college closes its doors, commentators predict the imminent demise of small private institutions. But does the data back up this belief?
Performance funding applies financial incentives to higher education, tying a portion of public institutions’ state appropriations to retention rate, degree completion and other student outcomes.
Despite the increasing role of 401(k) plans as retirement vehicles, little is known about how mutual fund families acting as 401(k) plan service providers influence the investment choices offered in their plan.
While a number of published studies have measured how the number and mix of fund options influence investment patterns in retirement accounts few, if any, have examined how plan participants react to a large reduction in investment choices.