American higher education is facing a reckoning after decades of ignoring mounting economic pressures. Declining enrollment, rising costs, and shrinking public funding have exposed the unsustainable financial model at many institutions. While universities have invested in high-cost amenities to compete for students, these strategies have failed to address core budget gaps. Ellen Aprill’s argument for more flexible endowment use highlights a path forward: responsible, mission-aligned spending that prioritizes long-term sustainability over outdated norms. To survive, colleges must rethink what they offer, how they fund it, and what truly serves their mission.
Read MoreA demographic shift looms over higher education, with U.S. high school graduates projected to decline after peaking in 2025. This downturn exacerbates existing challenges, as many colleges already face financial strain due to declining enrollments and reduced government support. Institutions heavily reliant on tuition revenue may grapple with program cuts, layoffs, and potential closures. What can be done? Innovate.
Read MoreVolunteers. In 2023, their contributions are valued at $33.49 per hour! However, their impact extends way beyond labor savings. Volunteers expand a nonprofit’s capacity, offer specialized skills, and credibility – making them a crucial asset during tight times. The sooner you understand the importance of investing in volunteer engagement, the sooner it will become a game-changer for your organization.
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