10 difficult (but critical) decisions for achieving academic cost
savings goals

Given financial pressures, every campus unit is being asked to reduce costs. Labor is a major component of academic affairs budgets, so leaders are unlikely to find substantial savings without looking at instructional efficiency, faculty capacity, and faculty headcount. While making decisions in these areas can be particularly difficult, the costs of inaction are too high to ignore. Avoiding tough decisions today can result in leadership teams having to make even more controversial or damaging decisions later, such as cutting academic programs.

This infographic outlines 10 savings avenues that academic leaders must decide whether to pursue, along with key questions to answer before implementation. Academic leaders can use this resource to educate stakeholders on short-term savings options, assess what their institution is (and is not) willing to do to increase efficiency within the academy, and develop a more realistic savings strategy.

Download the Infographic