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How colleges are creating sustainable business models while upticking student support programs

University Business

Schools today vying to win applicants over must toe the line between investing in top-notch student support programs and keeping their degrees affordable all while sustaining long-term economic health. Some programs were cut entirely, such as student employment for those who don’t demonstrate financial need through the FAFSA.

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Rising higher ed leaders tackle campus challenges in EAB’s fellowship

EAB

The topics covered included student success, budget models, change management, and more. Projects addressed topics such as program review, data strategy, budget models, enrollment growth, and more. Below are a few of the key themes that appeared in multiple capstone projects from past participants.

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Strategic Adaptation in Higher Education: Navigating 2024 and Beyond: Embracing Transformation and Resilience in Higher Education Business Models

The Change Leader, Inc.

Traditional cost-cutting measures, such as hiring freezes and budget cuts, offer only temporary relief – they fail to address the systemic issues that are eroding the financial foundations of these institutions. These cuts include cutting 28 majors and 143 faculty. Faculty members, too, experienced a shift in perspective.