Subsidies for public higher ed institutions are the lowest in a decade—and for the first time, students are paying, on average, half or more of their tuition's cost. Those are a few of the financial trends substantiated by a recent American Institutes for Research (AIR) study. According to "Trends in College Spending: 2001–2011," a report […]
Once again this July, recent Models of Efficiency honorees were recognized during the NACUBO conference at an awards dinner hosted by Higher One, the program's sponsor. This year, award recipients were honored at Ruth's Chris Steakhouse in Seattle. Casey McGuane, chief operations officer at Higher One, and Daniel Kinnaman, publisher of University Business, introduced the […]
Institutions that are successful in preventing loan defaults make it a campuswide effort, according to a recent survey by the Association of Community College Trustees (ACCT) and The Institute for College Access & Success (TICAS). Nine community college administrators from institutions of varying sizes and locations were asked about traits of their borrowers and defaulters, […]
There's a standard practice in academia that's highly valued; yet, at many colleges and universities, the policies and procedures surrounding it haven't changed in decades. Until now. The faculty sabbatical has been around since Harvard University first offered it to its teaching staff in 1880. Since then, sabbaticals have become a rite of passage for […]
First-year MBA students in the action-based degree program at University of Michigan's Ross School of Business spend seven weeks working with a U.S. or international company. After that, they form seven-member teams to propose a solution to a problem they encountered in the corporate world. But this learning process isn't just about the instruction—it's also […]
With national student debt at a stunning $1.2 trillion and financial pressure playing a key factor in retention, colleges must take the initiative to help students maximize opportunities for financial aid. Yet many colleges have downsized their financial aid offices and automated various functions. At Mercy College, we take another approach: We're dedicated to humanizing […]
Read just about any editorial page these days and you'll see a familiar refrain: "Is a college degree still worth it?" Wesleyan University (Conn.) President Michael Roth argues that not only is it worth it, but that it is more important than ever. Higher education admittedly faces many challenges over cost and access. Online instruction, […]
Quick, what business makes more money than the NFL yet pays most of its workers next to nothing? The answer is college sports, which according to a ruling handed down last month by federal judge Claudia Wilken, should indeed be recognized as a business. College sports generate $10.5 billion in revenue, the bulk of it […]
The U.S. economy has been through major changes in the last several years, and the effects are being felt on campus. In many cases, this turmoil shows up publicly in the form of a credit-rating downgrade. On some campuses, a change in the credit rating has no effect on the day-to-day operations; on others, it […]
Higher education institutions can venerate or perpetuate hallowed traditions. Institutions have had a reputation for infrastructure conservatism. William Rees' 2003 article "Impeding Sustainability? The Ecological Footprint of Higher Education" states "the real challenge for higher education is to help articulate an alternative life-sustaining worldview." Today, campuses lead the transformation to sustainability, demonstrating its value nationwide. […]
