University leaders do not have sufficient tools easily available to guide their decision-making related to institutional financial wellbeing. Currently, many financial indicators used by leaders of tuition-dependent higher education institutions are not focused on vital metrics such as liquidity and cash earnings. The twofold purpose of this…

This study creates a measurement of Title IV funding influence on the institutional financial health of religious higher education institutions. It justifies a method, grounded in financial accounting standards, of using publically available data sources for calculating the Composite Financial Index metric to gauge institutional financial health;…

The purpose of this non-experimental study was to utilize a resource dependence theory (RDT) conceptual framework to examine differences between quality, affordability, and undergraduate enrollment based on private nonprofit four-year colleges and universities' (PCUs) institutional characteristics from the Integrated Postsecondary Education Data…

This purpose of this qualitative exploratory study was to identify culturally relevant fundraising strategies that can empower leaders of public, under-resourced, tuition dependent HBCUs on how to effectively reduce tuition dependence. University presidents and advancement professionals face a growing dilemma of identifying ways to strengthen…

The long-term financial viability of private higher education has been a topic of concern for some time, with experts predicting their decline. This concern has been exacerbated by declining enrollment, mounting deficits, and a wave of closures among small private institutions. Demographic changes, including declining high school graduate…

The purpose of this study is to understand how strategy and strategic decision-making have contributed to financial strength at those small, private, non-profit, less-selective, tuition-dependent institutions with small endowments that have established financial stability. Interviews were conducted of participants at three institutions, including…

Tuition discounting has been a long-standing practice among colleges and universities. Its roots can be traced to the beginnings of the 1970s, and its use has continued to increase and expand in the decades following. However, despite its widespread use, the research is inconclusive whether tuition discounting has been an effective strategy to…

Private postsecondary education leaders are concerned with the value of education and the benefits students receive after graduation. Federal regulations dictate that private postsecondary education institutions will not qualify for Title IV funds if they do not meet minimum student outcome requirements, including cohort default rates and 90/10…

Enrollment Management has been adopted by institutions of higher education as a strategy for managing enrollment to meet institutional goals, and it increasingly manifests as an administrative division that supports students. Many models of Enrollment Management exists, with the Divisional model being the most centralized; however, even within a…

Private nonprofit four-year institutions have been increasing the amount of institutional aid provided to students, in the pursuit of enrollment and revenue management objectives and goals. Most of this aid is being funded using the institution's operating funds. This study investigated the relationship between unfunded institutional aid and net…

This dissertation consists of three chapters on the industrial organization of higher education. Chapter 1 studies the impacts of mergers and acquisitions on students' outcomes. We explore a series of acquisitions of private higher education institutions in Brazil to conduct an ex-post analysis of the effects of mergers. Using detailed…

With student debt exceeding $1.5 trillion in 2018, institutions of higher education face increased pressure to improve college affordability. In response, a small but growing number of institutions have implemented income share agreements (ISAs) as an alternative way to help students pay for all, or a portion of, their college tuition. In an ISA…

Higher Education is facing an increasingly competitive marketplace with high tuition prices, consumers are pushing back on rising tuition prices and choosing community and state colleges. A shortage in the traditional college age student population, has compounded the enrollment problem at small, private colleges. Most private colleges are…

Student loan debt continues to grow at a rapid pace (Scott-Clayton, 2018). The total debt burden for each student graduating from college is over $35,000, and that number is likely to gradually rise as tuition costs and fees at institutions of higher education increase (Friedman, 2018). The problem is not that students accrue debt but rather the…

Revenue diversification is a term that becomes more relevant as higher education institutions are confronted with increased regulation, competition, declining enrollments, and strained finances. A challenge that many institutions face is that expenditures are higher than revenues and increase faster than them. The term Revenue diversification…