Higher education CFOs expect long-term financial stability, despite the looming demographic cliff

While higher education institutions continue to reel from unpredictable enrollment trends, the demographic cliff, decreased funding, increased costs and workforce shortages, finance leaders in the sector have largely transitioned from crisis management mode to planning for the future. Syntellis Performance Solutions’ 2022 CFO Outlook for Higher Education report, published today, reveals that while 72% of leaders in the sector foresee financial stability for their organizations over the next five years, a growing majority recognize that their current budgeting and financial planning solutions fail to provide the kind of agility that today’s environment demands.

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