Higher Ed Finance: Adopting a New Mindset to Stand Out and Succeed

Dr. Drumm McNaughton interviews Jeff Spear, Principal at CFO Colleague, about the situation in higher education finance and how leaders can rethink finance in the face of current challenges.

Podcast Highlights

• While the GI Bill and other government programs have achieved a great deal, the result has been discounts and tuition increases that render the price tag of a college education virtually meaningless—and unsustainable.
  
  
• The first step to addressing the many financial and other challenges facing higher education today is to acknowledge that “reality is your friend.”
  
  
• Declining enrollments have hit smaller and nonselective institutions hardest, but by asking some critical questions about your institution’s market position, leaders can determine which programs deserve special emphasis.

To read the full show notes, visit: https://changinghighered.com/higher-ed-finance-adopting-a-new-mindset-to-stand-out-and-succeed/

#HigherEducation #TheChangeLeader #HigherEdFinance

Resources

Dr. Drumm McNaughton, Higher Education Board Governance expert. To find out more about his services and read other thought leadership pieces, visit his firm’s website, https://changinghighered.com/.

The Change Leader’s Social Media Links

• LinkedIn: https://www.linkedin.com/in/drdrumm/
• Twitter: @thechangeldr
• Email: [email protected]