Home Tag "COVID-19"

Higher Ed Finance and the Need to Understand It Thoroughly

The coronavirus pandemic has impacted the finances of colleges and universities globally. With many colleges and universities in the U.S. reversing course and going online, some families are asking for tuition discounts. It’s too soon for final reports on enrollments, even as some universities report unprecedented numbers of incoming freshmen who requested an enrollment deferral (also called a gap year). There have been more than a few articles written about the financial impact of COVID-19, and a few more have attempted to rate or rank the financial risk of institutions based on publicly available data. Recently, I read an article written by a professor who argued that institutions should increase financial aid in a situation like this rather than discount tuition.

The Ethics of School Reopening during the COVID-19 Era

Recently, I was interviewed by Dr. Bjorn Mercer, Program Director for Communication, Philosophy, Religion, World Languages and the Arts, in the School of Arts and Humanities. In a podcast that appeared on the university blog “Online Learning Tips,” we discussed COVID-19’s health risks to students, faculty, and staff; the economic impact of COVID-19 on institutions of higher learning; and why so many colleges and universities are at great risk of closing.

Saint Francis University Returns to On-Campus Classes This Fall

In April, I published a two-part interview with Father Malachi Van Tassell, T.O.R., President of Saint Francis University, and Dr. Karan Powell, Vice President of Academic Affairs at Saint Francis University. Like many colleges and universities, Saint Francis had cancelled its on-campus classes and converted to online classes for the rest of the semester (read Part I and Part II of the series). Dr. Powell and I spoke recently, and I discovered that Saint Francis elected to return to on-campus courses this semester. I asked her if she and Father Malachi would be willing to update me regarding their preparations for the fall.

Meeting the Grand Challenges to Higher Ed: The Pandemic

Shortly after EDUCAUSE conducted its survey of higher ed presidents, provosts, Chief Information Officers (CIOs), and Chief Technology Officers (CTOs) but before it published Grajek and Brooks’ Grand Challenges, the COVID-19 pandemic hit. The pandemic caused the closure of most campuses, required students and faculty to learn and teach from home, and impacted the revenue and expense stream of most colleges and universities.

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.

Grand Challenges: A New Approach to Digital Transformation

In the latest issue of the Educause Review, Educause researchers Susan Grajek and D. Christopher Brooks write that Grand Challenges should be issued to encourage institutions to solve some of the biggest issues in higher education and that a digital transformation could be the best way to solve those challenges. For the uninitiated, a Grand Challenge “describes desired outcomes to problems that are extremely difficult (but not impossible) to solve and that are widespread, if not global, in scope.”