The Great Recession of 2007-08 had a profound impact on both public and private universities. In How the Financial Crisis and Great Recession Affected Higher Education (University of Chicago Press, 2015), Jeffrey R. Brown, a finance professor at the University of Illinois at Urbana-Champaign, and co-editor Caroline M. Hoxby, a Stanford economics professor, examine universities […]
In 2015, many college-bound Americans will have some public higher learning or post-secondary education experience at the 1,132 community, technical, municipal, and county colleges across the Nation. In fact, according to the National Student Clearinghouse Research Center, 7.7 million Americans are already enrolled in Community Colleges. By now, everyone has heard about the President's call […]
When it comes to industry disruption, traditional healthcare organizations have many battle scars. Visits to the hospital emergency room are being replaced by visits to an urgent care center at the local strip mall. Traditional doctor referrals are being replaced by smartphone apps that direct consumers to low-cost, highly rated doctors. And traditional doctor visits […]
The authors were the founders of Touro University International (TUI), which at first was an online branch of Touro College and later became a separately accredited university by the WASC Senior College and University Commission. TUI remained within the Touro College and University System from 1998 to 2007. It was then sold and became a […]
New football teams continue to take the field at colleges and universities each fall, overcoming criticism—from within higher ed and from outside—that sports programs not only suck up money desperately needed by academic departments but also drive up tuition and student fees. Some experts also predict that the wave of lawsuits the NCAA faces could push […]
U.S. colleges and universities last year paid for operations with bigger chunks of their endowments to compensate for declines in key sources of revenue, particularly tuition and public funding. The good news is that the average rate of return rose for the second straight year, from 11.7 percent in FY2013 to 15.5 percent in 2014, […]
People often go to college for the wrong reasons, with assumptions about how it's going to benefit them, says Donald Farish. "When it doesn't come out the way they imagined it would be, then, of course, it's everybody else's fault." Farish, president of Roger Williams University in Rhode Island, will be the inaugural speaker at […]
For many, Jan. 1 signifies a day of great college football bowl games, highly caloric leftover holiday food, and time with family and friends ringing in the New Year. However, for those working in financial aid offices at colleges or universities across the country, the start of the new year signals the beginning of financial […]
Donald Farish President, Roger Williams University, Rhode Island Topic: Tuition and financial aid Trend: Well over half of the nonprofit private colleges failed to meet either their enrollment or revenue targets this fall. Despite this, I predict that the overwhelming majority of these schools will continue to increase both tuition and discount rates next year, […]
Turbulence in the world of campus finance since the Great Recession has been starting to smooth, but the outlook is hardly pre-recession rosy. Multiple forces are pushing institutions to change from the status quo. Institutions are feeling more pressure to advocate for state higher ed funding, prove their value to students and support the simplification […]
