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
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,