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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.
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.
A central barrier to racial and socio-economic diversity at independent schools is the cost of attendance, and indexed tuition is one way to attract a wider array of families. This implementation guide contains an overview of indexed tuition models, as well as key considerations and milestones in making a change from a traditional financial aid model.
Explore 3 questions guiding fall semester 2020 scenario planning, and emerging trends in how colleges and universities are responding to the uncertainty.
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.
While most academic leaders think of advising, academics, or student affairs when thinking about student success, the administrative infrastructure of a campus has an equally key role to play. Read this Roadmap to learn how the right policies, processes, and financial supports form the foundation for a broader student success strategy.
Watch this two-minute video with EAB expert, David Attis, on how COVID-19 is changing university spending trends and how to think about cost-cutting
EAB’s John Workman and Michael Fischer examine similarities and important differences in how the pandemic is impacting U.S. colleges vs. those in Canada, the UK, Australia, and New Zealand.
Numerous institutions have already announced tuition discounts, from Williams College to Hampton University. Campus activity and athletic fees will become easy targets, since students will lack access to campus amenities that those fees subsidize. Some institutions are also considering the elimination of online fees.
Challenges from the COVID-19 crisis and subsequent economic turmoil have threatened enrollment and retention at independent schools across the country. Schools everywhere face uncertainty about whether families will re-enroll amid increasing financial strain and historic unemployment rates. To be able to conduct scenario planning amid this uncertainty, independent schools should use employment data to more accurately project enrollment trends in the months ahead.