Thursday, February 19, 2015

How One Campus United Behind a Budget-Cutting Effort

The Chronicle of Higher Education
February 19th, 2015

A heavy dependence on tuition dollars means, for many colleges, keeping the cost for students as low as possible, to maintain enrollment. That generates little revenue growth. Net tuition revenue at private colleges is projected to increase by only 2.7 percent in the 2015 fiscal year, according to Moody’s Investors Service. At the same time, colleges must sustain and build their educational programs and student services to follow their missions and remain competitive. That often requires scaling back somewhere. Here’s how one college met that dual challenge.

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