The Lake Erie College of Osteopathic Medicine (LECOM) has launched a proactive approach to three pressing issues facing students, and they’re ready to share their strategy. When one exceptional LECOM student was lost too soon due to a cancer diagnosis, administrators recognized that there was a set of needs their students have that were not […]
Experts in higher education administration and management predict that 2015 will bring intense and sometimes surprising governance, financial and legal challenges to the sea of potential worries for university leaders. A few critical issues that will bubble to the surface involve financial health, academic performance, student wellness and continuity in leadership. Creating financial sustainability Answering […]
What college students are learning—and how—has become a mainstream talking point across the political spectrum. Much of this talk concerns dollars and cents—namely, cost and payoff. As a result, 2015 may be a year in which many institutions do a gut-check of their own value propositions, as pressure to increase affordability—and return on investment—pervades all […]
USA Funds and Truckee Meadows Community College in Nevada have partnered to promote a holistic approach to student loan debt management. The partnership has included implementing a financial literacy curriculum and peer counselors for TMCC students, communicating to student loan borrowers to promote successful loan repayment, applying analytics to better target outreach to borrowers, and […]
Tom Fitzgerald, CEO, E&I Cooperative Services There’s no denying it: today’s higher ed administrators are facing enormous financial challenges. As tuitions have steadily increased, revenue from the state and federal government has continued to drop. Student loan debt has reached epic proportions, eclipsing the $1 trillion mark in 2011. According to the Princeton Review, college […]
There are few economic challenges that move the dial in America quite like the skyrocketing costs of higher ed. From early morning pundits to late night talk shows the student and family debt burden issue is clear and ever present. In the view of U.S. Senator Elizabeth Warren – “Rising student-loan debt is an economic […]
What are the main concerns students and the community have concerning the affordability of higher education? There are two major concerns that seem to be the most popular worries of students and the general public. The rising cost of tuition: Tuition prices have been increasing at a rate over the past years that far outpaces […]
In 2008, former Yale professor William Deresiewicz wrote a scathing essay titled “The Disadvantages of an Elite Education.” It quickly went viral, gaining more than 100,000 views in a matter of weeks (and many times that since). “The system manufactures students who are smart and talented and driven,” he noted, “but also anxious, timid and […]
There is no greater financial investment in one’s future than a college degree. While this viewpoint has its critics, the reality is the value of a degree has never been greater. Despite public questions about a degree’s worth, the pay gap between college graduates and those without a degree reached a high in 2013. According […]
From cashing in on beer sales at football games to providing community members with a safe way to trash old electronics for a fee, administrators are looking beyond tuition and endowments to make up for budget shortfalls. Typically, there have been three types of alternative revenue sources, says Shandy Husmann, managing director of Huron Consulting […]
