Charting a New Frontier for Colleges and Universities
Posted by admin on February 25th, 2011
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The great reset has not yet finished its resetting process, and colleges are moving quickly into the crosshairs, with government funding, grants, and student loans all harder to get.
With a mindset steeped in tradition, college leadership is pushing institutions to be, as the U.S. Marines like to say, “the best they can possibly be.”
But being the “best” is meaningless when the rest of the world wants “different.”
At the heart of the matter is an expensive academic infrastructure that is woefully out of sync with the business environment it is preparing students for. For decades, colleges have grown from simple to ultra-complex organisms funded by easy-to-get student loans, propped up by state and federal tax money, tons of grants, scholarships, and other forms of support.
Where most of the business world has spent decades learning how to “do more with less,” colleges have been content to simply do “more with more.” But the money train is coming to a screeching halt, and college officials are spending their days watching the financial cliff draw ever so closer.
While some may see at this as the end of the great college era, it is, in reality, the beginning of an entirely new opportunity. Over the coming years we will be witnessing the grand transformation of colleges and universities. Here are some of the changes they will need to make to survive.






