Higher Ed Stimulus, Accountability, Affordability, and Enrollment

Dr. Drumm McNaughton interviews Dr. Ted Mitchell, president of the American Council on Education, and former undersecretary of education for the Obama Administration, about what to expect from the Biden Administration and higher education policies.

Sample Show Notes

• The Trump Administration and the Biden Administration both have tried to provide financial support to COVID relief to higher education. Funding is coming directly to higher education and is being allocated to states, who then provide support to state colleges and universities.
• The question becomes whether the amount of federal relief is enough to help institutions who have tenuous finances. Some believe that the funding that is really needed by colleges and universities is approximately $100 billion. Many institutions are faced with mounting costs related to moving instruction online, thinning out and/or closing residence halls, increasing COVID testing, and providing PPEs to faculty, staff, and students. Many institutions also do not have students on campus, so those sources of revenue have dried up.
• Higher education CFOs are expressing concerns about how to pay for these increasing costs in the future.
• Higher education still faces an enrollment cliff based on the downward trend in the number of 18-year-olds. However, it is important to note that only about half of these individuals opt to attend college. There are several strategies that colleges can use to try to bolster the enrollment, including deepening the college-going rate among high school graduates, increasing college retention rates, and reach out to non-traditional college dropouts who have attended college but have not completed their degrees.
• Neg Reg, HEA, Title IX and gainful employment are expected to be topics for discussion among federal policymakers.

Dr. Drumm McNaughton provides strategy and change management consulting for higher ed institutions. 

Links to Articles, Apps, or websites mentioned during the interview:

• American Council on Education

Guest Social Media Links:

• Ted Mitchell on LinkedIn

The Change Leader’s Social Media Links:

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

Sponsor: Perdia Education

To see full show notes, visit https://changinghighered.com

Keywords: #changinghighered #thechangeleader