113: Presumptions, Assumptions, and New Realities: The NACUBO Economic Models Project
NACUBO is currently developing a body of research and series of tools to help business officers and their institutions assess their place in the economic landscape of higher education. Changing demographics and a decline in students, decline in state funding, decline in philanthropy, and an increase in tuition and fees above CPI are just a few of the factors impacting higher ed operations and the public impression of American institutions.
Thanks to research led by Senior Fellow of Finance and Campus Management Bob Shea, NACUBO is taking the lead in creating a definitive set of factors and a common language around the way institutions exist in the economic landscape. This week on the show, Shea joins Rutgers CBO Mike Gower and Howard Teibel to share how this project and it’s targeted outcomes will impact institutions in their drive toward sustainability and growth.