Recently, a board member at one of our client institutions reached out to ask, “What are the biggest warning signs that a college is at risk of closure?” Not every warning sign carries equal weight. Three indicators tell you whether an institution is in immediate financial danger. Two more point to structural problems that often […]
Blog
The Confidence Paradox: Why 2026’s Optimism Masks a Structural Crisis
There’s a strange disconnect in the latest Inside Higher Ed survey of chief business officers. Eighty-three percent of institutions expect to be financially stable over the next five years, up from 73 percent last year. Most CBOs describe their institution’s financial health “good” or “excellent.” As I told Inside Higher Ed for their coverage of […]
How Endowments Get Spent Down — and What Leaders Should Do About It
Endowment depletions rarely start with a formal decision. More often, one gift posted to the operating account doesn’t make it to the investment pool—and then another. Then the financial team decides to hold off on the transfer until the budget situation stabilizes. Then they make a formal resolution to spend at a slightly higher rate […]
Are We Training Graduates for Jobs That Exist?
Some degrees are in high demand. Others are flooding the market. Here’s how to tell which is which, and why it matters more than ever.
Transparency in Times of Financial Challenge: How and When
In the toughest financial moments, communication strategy matters as much as financial strategy.
Innovation That Pays: Aligning Price, Outcomes, and Financial Strategy in Higher Education
Incremental change keeps institutions stable. Disruptive change keeps them alive.
How Do You Define Financial Sustainability?
Before you can budget for survival, you have to define what survival looks like.
Budgeting is a Team Sport, So Here’s How to Play It
Stop budgeting in silos, and start treating it like the team sport it is.







