Inside Higher Ed
February 10th, 2015
Balancing a college budget can be formidable and even disheartening
task, especially when the ante goes up and the dollars, well, they’re
often level at best. It can be just as challenging a task explaining the
numbers to those who aren’t familiar with some of the realities or
vocabularies of college finances. The problem is, that group
can include parents, students, lawmakers and even faculty members.
The Associated Colleges of the Midwest thinks it can help bridge that
gulf. With a $250,000 grant from the Andrew W. Mellon Foundation, the
group launched the Institute on College Futures (ICF) two years ago as a
way to talk finance with faculty of its member colleges.