Title from cover A special issue of The Chronicle of Higher Education Includes bibliographical references (page 35)
Contents:
The great recession and its impact -- Stress-testing and right-sizing -- How 3 colleges are preparing for a downturn -- How to survive an economic downturn -- A final word -- Further reading
Summary:
"Colleges have reaped the benefits of a bull market for almost 11 years, the longest in American history. But all bull markets eventually end, whether that takes the form of a slowdown, a brief downturn, or a full recession. Many economists predict a downturn by mid-2021 - just before enrollment numbers are expected to decline due to population shifts. Rather than shift into short-term crisis mode, institutions must evaluate their mission, establish financial priorities, and intensify their efforts to retain and graduate students. This issue brief explores how institutions can create financial stability, adapt to an ever-evolving market, and emerge from an economic downturn stronger and savvier. At a time when increasing tuition is rarely an option, it is essential that colleges and universities take advantage of niche opportunities, develop austerity plans, and increase reserves. Some institutions never fully recovered from the last recession, but with strong leadership, strategic mission-driven planning, and a continued emphasis on student success, they can be better equipped to mitigate the impact of the next economic downturn."--Provided by publisher
OCLC:
(OCoLC)1143390272
Locations:
OVUX522 -- University of Iowa Libraries (Iowa City)
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.