Kentucky Council on Postsecondary Education OKs New Funding Model for Universities

The Kentucky Council on Postsecondary Education (KYCPE) has approved a new state funding model for its public colleges and universities. Thirty-five percent of state funding will be based on the kinds of degrees earned.

Seeking Calm in the Middle of an Imperfect Storm

The pace of change in higher education used to be seen  as glacial, slow or barely perceptible. Today it is more akin to a hurricane. Misericordia President Thomas Botzman explains how his institution has navigated this shift.

Pennsylvania’s State System of Higher Education Orders Full Operational Review

Institutions and systems are proactively thinking about how to confront a turbulent mix of demographic changes, stagnant revenue streams, and growing demands to simultaneously boost productivity while cutting costs. Recently, the Pennsylvania State System of Higher Education (PASSHE) became the latest example of these looming realities.

New Report Looks at State and Local Tuition- and Debt-Free College Plans

A new report released this week looks at 11 plans that reduce or eliminate the cost of tuition or the need to borrow to cover it, including five at the state and two at the local level. The study summarizes the work of the Task Force on Assessing Tuition- and Debt-Free Higher Education, convened last July by the National Association of Student Financial Aid Administrators.

Budgeting for Institutional Success

When higher education leaders gather, no theme is more common—or as tension-filled—as budgeting. ACE Leadership Director Jim Sirianni looks at the budget models available to colleges and universities institutions, and the need to move forward together on a high-impact change when adopting a new model.

Lead with Data. Inspire with Leadership.

Bob Shea, senior fellow at the National Association of College and University Business Officers, sat on the ACE2016 panel “Higher Education Business Models: Leading with Data to Deliver Results.” During the Q&A, the common theme emerged of how to get started on the difficult work of moving to a sustainable economic model. Shea considers that question.

The Past Can’t Be Prologue

Dennis P. Jones, president emeritus of the National Center for Higher Education Management Systems, writes that higher education must take the lead in ensuring that college remains (and is made more) affordable. Assuming this challenge—and responsibility—will require extraordinary leadership skills by college administrators, and require nothing less than a change in institutional cultures.

The Price We Pay for Bad Data on College Costs

Matthew Soldner of the American Institutes for Research writes about three things senior leaders need to know as they navigate the challenges facing their campuses: institutional spending, and how spending relates to cost and student outcomes. The first post in a series introducing three background papers prepared for a roundtable on financial data in higher education.

Evolving Higher Education Business Models

As resources for higher education are decreasing and the pressure to keep tuition low is increasing, colleges and universities are looking for ways to spend more efficiently and effectively. A session at ACE2016 explored this topic with the help of its panel: Alana Dunagan, researcher, Clayton Christensen Institute for Disruptive Innovation Bob Shea, senior fellow, Finance… Read more »

Faculty and CFOs: It’s Not Us Versus Them

Instead of viewing each other as opposing sides, both faculty and business officers must come together to participate in budget discussions and help ensure that institutions are operating in ways that are financially sustainable, writes Audrey Bilger.