Small colleges and universities serve a profoundly important role in American society, and the landscape for these institutions has changed dramatically in recent years. Declining numbers of traditional college-age students have coincided with a shift in populations moving away from areas with a large number of small private institutions. The high-tuition and high-financial-aid model of funding private colleges and universities is generating less net-tuition revenue, while tuition-discounting rates continue to climb. And the ongoing shift in focus from college as a public good to a private service has led to a devaluing of the liberal arts and a rise in professional and pre-professional programs.
To survive and even to thrive, small private institutions must move beyond short-term measures and embrace a vision of the future that promises sustainability in all its manifestations: sustainability of mission, of educational quality, and of fiscal health. This webinar presents models for sustainability that are being developed in response to the changing environment.
1. Evaluating Sustainability & Assessing the Market
Participants will discuss how to assess the current educational and business model for their campus, and how to evaluate the most effective options going forward within their regional marketplace.
2. Identifying Resources & Mission Alignment
Participants will explore a framework for evaluating existing resources, and identifying the model that most closely aligns with the mission, history, and strengths of their institution.
3. Evaluating Capacity for Change
Participants will consider a range of approaches to assess whether a new operational model is needed to ensure institutional sustainability, and to determine to the campus’ readiness for change.
- Mary B. Marcy, president, Domincan University of California