Small mid-tier private schools tend to have modest endowments, and after decades of tuition hikes comparable to those of their elite peers, they are now at high risk of pricing themselves out of the market. The fiscal crisis of small private colleges will play out differently across the nation. States vary in their demographic projections and the…

Two years ago, Community College Research Center (CCRC) published a guide to help college leaders understand the costs involved in implementing guided pathways reforms. The guide was based on research at six community colleges, but only one of these was a smaller college. Small colleges lack economies of scale that can generate revenue to support…

The purpose of this quantitative study was to examine factors related to enrollment in higher education during the 2008-2009 economic downturn. The study focused on small private colleges and universities without historic prestige, schools that are non-selective and dependent on enrollment tuition. When viewing student enrollment through a…

In autumn, most colleges' football fields are covered with a thick carpet of grass or artificial turf and are adorned with yard lines. But the football field at Paul Quinn College was carved up by plowing and planting. This past fall, portions of the college's gridiron were covered with sweet potatoes, watermelons, peppers, rosemary, and sugar…

Many small institutions face difficulties, and the person who bears the brunt of dealing with those challenges is the college president. While each situation is unique, presidents can learn from the experiences of others, and at the very least, commiserate with each other regarding the challenges they face, especially when their institutions are…

Scarcely a week goes by without a headline about the unsustainability of higher education as we know it, under threat from new models, for-profits, or online education. Most threatened are small liberal arts colleges--with commentators predicting the demise of colleges with fewer than 1,000, or even 1,500 students. Are these trends inevitable, or…

By just about every objective measure, the $88-million in debt that Wartburg College has carried since late 2005 poses a risk. The college's debt load--twice the amount that it takes in annually from tuition and other revenue--has raised red flags with its accreditor, alarmed some faculty members, and left Wartburg with a credit rating just one…

In this timely book, financial consultant and experienced college administrator Mike Townsley examines the financial and strategic resources that private colleges and universities must have in place to withstand the storm. Small college presidents, CFOs, planners, chief academic officers, and board members all have a hand on the tiller and will…