Higher Education Policy and Practice

Predicting Student Retention and GPA from Student Personality

Fall-to-Fall 2016-2017 Student success is critical to the mission of every higher educational institution. All other things being equal, students who are the most intellectually and psychologically prepared for higher education will be the most successful. While most universities assess the

Institutional Turn-around Strategy Principles

Would you consider taking on the presidency of an institution in need of a turn-around? If so, in this blog I’ll introduce several Turn-around Principles you’ll need to keep in mind before taking on the challenge.  Consider the following scenario (which is not derived from the experience of any

Eyes on the Metrics: A Board’s Guide to Preparing for Presidential Transition

Whether it’s the end of a successful Presidency or a board’s decision to seek new leadership, Presidential transition is never easy. It’s risky, time consuming and expensive and that’s before factoring in a level of cultural uncertainty as a new President takes the helm. And the experts are

What’s Happening in Higher Education – Can Private Colleges Survive?

A slow plodding revenue growth strategy may no longer provide private colleges with the financial reserves needed to survive.  For decades, marginal increases in enrollment, tuition, and other revenue sources were good enough to cover expenses and provide a cash buffer against unforeseen

Explosive Growth

Too many budget-enrollment and net tuition strategies are based on finding just enough new students to cover next fiscal year’s budget expense.  This strategy worked fine when colleges tended to stay within their own markets, labor costs were low for skilled positions, and technology was not

Unnecessary Roughness: Presidential Transitions in Higher Education

Presidential transitions are never easy, neither for the president nor for the institution. No matter how effective the transition plan, there is always disorientation with loss of momentum.  Some institutions and individuals weather transitions seemingly without any difficulty; they are

Be Prepared for the Paradigm Shift in Higher Education

The Wall Street Journal, Chronicle of Higher Education, and the New York Times are trumpeting what they see as major changes in demographics, finances, technology, and regulations.  The evidence strongly suggests that these four factors are already having a significant impact on the financial

Public Policy: Meeting This Country’s Workforce Needs

Meeting this country’s workforce needs is a critical issue that is defining the future of the United States, individual states and our local communities.  The quality and availability of the workforce is a vital strategic asset that will determine world order and security.  Technology will

Economic Equilibrium in Higher Education

Economic equilibrium is a state of long-term financial sustainability for an institution of higher education. Richard Cyert, who developed the concept, set these conditions for a state of economic equilibrium: There is sufficient quality and quantity of resources to fulfill the mission of an

What Do CFOs Think? – Review of Inside Higher Ed’s CFO Survey

Inside Higher Ed’s recently published survey of Chief Financial Officers contains several findings suggesting CFOs are deeply concerned about the financial future of their institutions. Their concerns should be taken seriously by presidents and boards of trustees as they develop strategies for