In the last 15 years, states have slashed funding for colleges, spending $6.6 billion less on higher education in 2018 than they did in 2008. Colleges opted to shift more of the cost burden onto students by increasing tuition.
Connecticut State Colleges and Universities (CSCU) are planning cost-cutting measures for the coming year to combat revenue losses caused by declining enrollment.
While high profile leadership has undeniable benefits, it also has implications for brand management, particularly when a president's brand usurps the institution's.
Joining several other schools, Clemson University announced its tuition freeze for in-state students for the third year in a row but is increasing out-of-state tuition.
