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A public university has two major operating revenues, if one of them doesn’t increase over time……well you get it. Budgets have been, and always will be in my experience, “tight.” It makes it difficult to gain approval of expenditures that are perceived to not be in the “here and now.” With this knowledge and having worked the duration of my career in my university’s finance division, naturally one of my first thoughts when evaluating a project of any kind is value proposition……does it work financially?
The 18 fellows in the 2020 Rising Higher Education Leaders Fellowship cohort tackled a wide range of issues in their capstone projects, reflecting the diversity of institutions and professional experiences of the participants. Several fellows deeply examined student success at their institutions, specifically focusing on equity issues. Others made recommendations for improving campus sustainability, building stronger online programs, and adjusting graduate tuition rates.
Advancement leaders have honed the skills necessary to attract top talent and close transformative principal gifts. Today, they can leverage those strengths to create a more diverse, equitable division and marshal resources for DEIJ on campus.
Impact of Biden’s “Made in All of America” plan on higher education economic recovery and development efforts
One of President-elect Biden’s most prominent campaign platforms was his “Made in All of America” plan—an economic plan that restores the emphasis on manufacturing while better incorporating new high-tech and advanced processes...Within each line of effort is a signal of opportunity for higher education institutions to better position themselves to receive federal funding. But to achieve this, institutions will have to rethink, sharpen, and execute on their economic recovery and development efforts.
Certificates, badges, stackable master’s degrees, and other short-format credentials appear to be a big countercyclical enrollment opportunity for universities. We've outlined six insights on the market realities and challenges of launching certificate programs.
On December 21, 2020, Congress finalized a new stimulus package and federal budget in the Consolidated Appropriations Act of 2021 to provide another round of relief to the US economy. While this latest relief package is far smaller and later than many of us would have hoped for, higher education leaders can expect some additional federal assistance to start 2021.
We asked HR leaders what’s top of mind heading into the summer, fall, and beyond. Here’s what they said.
The COVID-19 pandemic has forced campus human resources (HR) leaders to balance rapidly evolving staffing needs with pressures to manage labor costs. Read our insight to discover seven top-of-mind issues for HR and finance leaders as they plan for the summer and fall.
The precise financial impact of the COVID-19 outbreak is still unclear, but higher education institutions are preparing for the worst. Explore this Roadmap for five steps to create a COVID-19 financial contingency plan.
The compendium is a picklist to help executives evaluate and choose the cost containment tactics best suited for their institutions.
In response to COVID-19 budget woes, college and university leaders are considering widespread layoffs to remain solvent. Watch this short video to learn why that happens, and how you can secure sustainable cost savings that won’t jeopardize staff morale.