This period of transition between the outgoing Obama administration and the incoming Trump administration brings great uncertainty to finance offices across the higher ed landscape. Today on NACUBO In Brief, NACUBO assistant director for federal affairs Megan Schneider joins us to break down key incoming cabinet positions, House and Senate cabinet replacements, and broad policy implications that are likely to impact CBOs in the coming year. Listen in for the latest information driving NACUBO’s a...
Dec 12, 2016•17 min•Season 2Ep. 4
2016 marks the third release of the National Profile of Higher Education Chief Business Officers in collaboration with The American Council on Education. Understanding CBO career trajectories and pathways, roles, responsibilities, salary levels, succession planning, and demographic information has become increasingly important in supporting our members and supporting institutions. This week on NACUBO In Brief, NACUBO Vice President of Professional Development Marta Perez Drake and Assistant Dire...
Jul 08, 2016•15 min•Season 2Ep. 3
Gary Margolis is a retired university police chief. Over his decades in campus public safety, he has watched as the boom in online activity and connections with social tools has opened new pathways for aggression between students. His role, and the role of campus public safety, has changed dramatically as a result. Today, Margolis serves as president and CEO of Social Sentinel. His company has built a product designed to listen for the language of self-harm and aggression online, taking cues fro...
Jun 23, 2016•29 min•Season 2Ep. 2
The annual NACUBO Tuition Discounting Study (TDS) measures tuition discount rates and other indicators of institutional grant awards to freshmen and undergraduates attending four-year private, nonprofit (independent) colleges and universities. Hear the results, analysis and trends directly from the researchers who gathered the data, NACUBO's Ken Redd and Lesley McBain. For more information on the Tuition Discounting Report, visit the Research section of NACUBO.org ....
May 16, 2016•20 min•Season 2Ep. 1
The demographic landscape is evolving, and in so doing, providing the richest opportunity that higher education has had in decades, according to futurist, researcher, and writer Bryan Alexander. These demographic trends, the aging of the student body, the demands of technology in and out of the classroom, all function to shake the worldview of those in a position to lead today’s institutions. This week, Alexander offers a rich landscape to tread as we navigate our own future as CBOs. The silver ...
Mar 10, 2016•38 min•Season 1Ep. 12
Beginning with the heading, “The Key Attributes of an Effective Organization,” Wendell Brase and his leadership team at University of California, Irvine, built a management and leadership model designed to provide the underlying foundation for operation across the institution. The result — measured and validated — is a set of 31 management and leadership variables that measure performance and guide effective management behavior. Over the last 15 years, UCI has collected a robust set of data and ...
Feb 25, 2016•29 min•Season 1Ep. 11
Sustainability is a financial decision, according to Carleton College Vice President and Treasurer, Fred Rogers. The sustainability mindset has permeated the Carleton administration and academy, from daily activities to the college’s development of a climate action plan, a part of the President’s Climate Commitment and a blueprint for the College to achieve carbon neutrality by 2050. This week on the show, Fred shares the institution's sustainability plan, from low-hanging fruit projects, feel-g...
Feb 11, 2016•28 min•Season 1Ep. 10
For over 40 years, NACUBO has conducted a study on institutional endowments designed to answer key questions in how these financial tools are used. Over the years, this has become the largest study of its kind, offering a comprehensive set of data for policy makers, parents, students, and the broader community in how their institutions are using endowed funds. This week, NACUBO’s Director of Research and Policy Analysis, Ken Redd, joins us to report findings in the most recent report. While the ...
Jan 27, 2016•29 min•Season 1Ep. 9
Managing university infrastructure is a critical responsibility for those in the role of CBO, but one shared by many groups across the institution. But what happens when you realize that infrastructure begins to lag the demands of the academy? This week, University of Washington Associate Vice President Ruth Johnston joins us to introduce TAP — Transforming Administration Program — a program designed to look inside and across the institution to identify and execute the projects designed to impro...
Jan 14, 2016•21 min•Season 1Ep. 8
Lawmakers are headed home for their holiday recess, but before they turned out the lights, they managed to pass the 2016 federal budget. This week on NACUBO In Brief, NACUBO Federal Affairs Director Liz Clark joins us to walk through the major changes that will directly impact business officers and institutions across the country. From federal student aid changes, funding for important programs and grants, and some surprising increases we didn’t expect, Liz helps us make sense of the changes we’...
Dec 21, 2015•18 min•Season 1Ep. 7
Dr. Audrey Bilger serves as professor of literature at Claremont McKenna College. This summer, she authored “It’s Not Us versus Them,” published in Business Officer magazine, in which she outlines the gap between faculty and administration in her attempt to answer a simple central question: How do faculty members think about the financial situation of our institutions? It turns out, as Dr. Bilger discovered, faculty don’t think much about institutional finance. This week on NACUBO In Brief, she ...
Dec 17, 2015•19 min•Season 1Ep. 6
Two years ago, the NACUBO board authorized the Economic Models Project in an effort to address the issues facing higher education business models. Higher education continues to suffer in the strategic communications conversation in the media. From cost of education to endowment and fundraising, state participation to ever-evolving pedagogies and inflating program rosters, critics offer an unbalanced perspective on the value proposition offered by our institutions in the eyes of our shared consti...
Dec 10, 2015•35 min•Season 1Ep. 5
The last time FASB’s reporting model changed for higher education and other non-profits was back in the 1990’s. In the last 20 years however, much has changed in our industry. With those changes comes the next chapter in how we handle asset class restrictions, operating measurement, expense reporting and so much more. Today on NACUBO In Brief, NACUBO’s own director of accounting policy, Sue Menditto, joins us to provide background on the changes, and outline what CBOs need to know about the prop...
Nov 25, 2015•29 min•Season 1Ep. 4
Business officers who want to stay current with the changing payments market and payments security standards need a plan for how to get merchants and business centers up to date with the latest payment methods and security standards. The payments industry in the United States is migrating to EMV chip technology, replacing the magnetic-stripe bank cards and point-of-sale (POS) terminals that have been in use for decades. EMV-compliant chip cards offer better security for card-present transactions...
Nov 25, 2015•24 min•Season 1Ep. 3
Universities are continually looking for ways to improve processes and reduce costs. Today, Lauralea Edwards of Washington State University joins us to share her experience helping to transform the institution by instituting change her constituents buy into. She uncovers the major obstacles they’ve addressed, from transitioning away from paper, to developing new technological systems that departments embrace. And the major insight that started it all? The epiphany that her department should serv...
Nov 12, 2015•20 min•Season 1Ep. 2
The Department of Education has defined new rules around cash management at colleges and universities, some developed as a result of concerns around agreements that a number of schools have with institutions that provide accounts to students and how they relate to disbursement of federal financial aid. Today on NACUBO In Brief, Anne Gross, NACUBO VP of regulatory affairs, and Joan Piscitello, treasurer at Iowa State University share their insights and experiences in working with financial instit...
Nov 12, 2015•18 min•Season 1Ep. 1
