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Blog

For Whom the Bell Tolls?

Michael Townsley, Ph.D. Senior Consultant, Stevens Strategy Nearly every week, news flashes a report of another private college either closing or in deep financial trouble. Here is a short, but not exhaustive list of colleges that have closed this year:  Alderson Broadus University Bloomfield

FOR STRUGGLING TUITION-DEPENDENT PRIVATE COLLEGES, IT’S BASIC ECONOMICS

Michael K. Townsley, Ph.D., Senior Associate Stevens Strategy Prefatory Remarks Notices of private colleges closing or merging have become regular items in the press.  However, this sudden spate of bad news may not be entirely due to new problems or to the effects of COVID.  Rather, long-term

Is Your Institution Structurally Inefficient?

Executive Summary Efficiency in higher education is an amusing topic that is best left to economists. Everyone including the inhabitants of a college or university knows that the institution in inherently inefficient due to poorly designed operational policies, procedures, decision rubrics,

Advertising in an Era of Fierce Price Competition

Current market conditions are leading colleges to be more aggressive in discounting tuition to compete for students who believe that there are only small differences in majors among colleges.  Stevens Strategy Senior Consultant Michael Townsley’s blog discusses these market condition and

Demographic & Labor Market Difficulties for Small, Independent Institutions: A Deeper Dive

Read Stevens Strategy Senior Consultant Michael Townsley’s take on the numbers behind the troubling demographic and financial challenges facing small, independent institutions.