With rising tuition costs under scrutiny, colleges are minimizing annual tuition increases while boosting financial aid packages, straining an already fragile business model.
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.
Want to learn more about our higher education insights? Download our 2018 TIAA Institute Higher Education Thought Leadership Annotated Bibliography.