by Bruce Hoeker | May 20, 2019 | 2019, Business Mgmt, Spring
Many of the biggest challenges facing faith-based higher educational institutions today can be overwhelming. Especially when systems, traditions, finances, and institutional culture get in the way of making necessary changes. How can you solve the following issues...
by Daniel Campbell | Feb 12, 2019 | 2019, Business Mgmt, Winter
While the higher education industry is large and complex, several trends are affecting schools of all types and sizes. Faith-based higher education institutions are not immune to these trends, which include: Soft net tuition growth Expense growth that exceeds revenue...
by Drumm McNaughton | Feb 12, 2019 | 2019, Board, Business Mgmt, Winter
Higher ed is at a crossroads with many things, but especially board governance. One must look no further than the daily headlines — the sexual assault at Michigan State and their interim president’s latest comments about the victims, or the University of Maryland’s...
by Authors Saul and Willhite | Feb 12, 2019 | 2019, Business Mgmt, Winter
June 30, 2018 has passed, and according to the Dear Colleague Letter 17-10, additional Perkins loan disbursements are now prohibited. Here are some factors to consider as your institution of higher education weighs the costs and benefits of liquidation. Q: What is...
by David Agron, Ph.D. | Jun 2, 2018 | 2018, Business Mgmt, Spring
Do you hear ticking? Is there is a bomb ready to detonate at your institution? Considering how so many colleges are on the verge of an explosion from unresolved financial weaknesses, maybe you should just drown out the ticking with earplugs. Or, maybe you should take...
by Patricia Willhite | Jun 2, 2018 | 2018, Business Mgmt, FAFSA, Spring
Gone are the days of siloing responsibilities and each office working independently. While segregation of duties and internal controls remain vital to a higher education institution’s health, they are insufficient on their own. A failure to thoughtfully consider the...