The value of higher education once seemed unquestionable, and the pipeline of resources to support academic programs, research and student financial aid appeared unwavering. That was then. Over the last decade, costs, alternative revenue streams and student enrollment have shifted in the wrong directions applying significant pressure to academic boards and management teams who must now reevaluate their business models in pursuit of long-term sustainability.
The reality is that costs, alternative revenue streams and student enrollment have shifted – all in the wrong direction – applying significant pressure to academic boards and management teams who now must reevaluate their business models in pursuit of long-term sustainability.
In this report, A&M leaders Robert Hershan of the firm’s Restructuring & Turnaround practice and Crystal L. Lauderdale of the firm’s Insight Center examine the challenges facing the higher education sector and solutions for creating more sustainable financial, operational and academic models.
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