The current cost structure of higher education, comprised of multiple controllable and uncontrollable costs, is analyzed and promising opportunities to reduce costs are explored. Some innovative strategies that have saved substantial sums for the institutions implementing them are highlighted. (MSE)

A survey of 90 colleges and universities found that 40 percent have internal audit departments. Information on auditor time allocation, salary ranges, departmental independence, and auditor roles and responsibilities was collected. A summary analysis by type of institution (large, small, research, nonresearch, public, independent, four-year,…