Home Business of Education

Business of Education

What’s the Best Way to Create Innovation in Higher Education?

A few years ago, I was asked to develop and teach a course on Educational Entrepreneurship to a cohort of doctoral students enrolled in the Executive Doctorate in Higher Education Management program at the University of Pennsylvania’s Graduate School of Education. As I constructed the syllabus for the one-semester course, I realized that I needed to find instructional content/materials to provide the students with some knowledge about business models in order to adequately complete the final assignment. That final project was an 8- to 10-page paper outlining in some detail a unique idea to generate revenues or reduce expenses for their institution.

Department of Education Announces Latest Additions to College Scorecard Data

Yesterday, Secretary of Education Betsy DeVos announced additions to the data available to consumers and researchers using the College Scorecard. Some of the changes announced include the average earnings two years after graduation based on field of study, the amount of Parent PLUS loans borrowed by parents of students to pay for their child to attend an institution, and the amount of loans borrowed at previous institutions attended for students who transfer.

Meeting the Grand Challenges to Higher Ed: Financial Health

Of the four Grand Challenges to higher education, financial health is foremost among the minds of many traditional higher education institutions, particularly in the midst of the COVID-19 pandemic. Recently published articles and books call attention to the warning signs and at-risk metrics for traditional institutions that are financially troubled. For example, I’ve written about Robert Zemsky’s College Stress Test, Scott Galloway’s Value-to-Cost ratio and Vulnerability Score, and the Hechinger Report’s Financial Fitness Tracker.