With lower general and international enrollment, institutions need to make up for losing students with discounts or adjusting selectivity.
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My family’s view of the value of higher education
I know the value of education from my personal experience, but the outcomes have not kept pace with the price and demand is declining.
It’s time for a SWOT analysis of higher education
SWOT analysis is a valuable method that helps institutions understand their competitive position and make informed strategic decisions.
Modeling 5 Year Projections (Somewhat) Painlessly
Modeling five-year projections is essential for universities making big decisions. It may be new to higher ed, but here’s how to do it.
Instructional Cost Metrics You Need to Make Big Decisions
If you want to reduce costs, here are a few instructional-related metrics you’ll need to make and back up your decisions.
Top metrics to prepare for financial rightsizing
Last month, we talked about the six most important financial questions a board and president need to understand and the financial tools you need to answer them. Now it’s time to focus on the answers to those questions, the decisions they require, and the metrics you should examine to understand the drivers to financial sustainability. […]
I Talked to AICPA-CIMA About Democratizing Financial Data
Access to more data can help us make better decisions. However, just having more data may not get us where we need to be. We have to make sure everyone involved understands the data well enough to inform the decisions we make together. I call the process of getting everyone on the same page about […]
The 6 Most Important Financial Questions a Board and President Must Ask About the Budget
If I were the president or on the board of an institution, I would expect to see all the information listed here before passing a budget.