Tag Archives | financing college

Long-Term Planning Necessary for Financial Stability

Stories about the financial challenges faced by higher education institutions are common and point to the need for boards and administration to adopt an approach to financial planning that ensures long-term stability. In the March 24 edition of The Chronicle of Higher Education, Mark Keierleber writes about a number of smaller colleges that are adjusting to lower enrollments and the lagging economic recovery in “Financially Strapped Colleges Grow More Vulnerable.”

The article features a story about Ashland University, which borrowed money to build a recreation center, an education building, and an addition to its science center.

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Alternative Certification – A Good Idea?

I have read three articles in the last three days about alternatives to earning a college degree, primarily through certification of one kind or another.

The first article, from The Chronicle of Higher Education, discusses the concept of “badges” that are awarded by various websites, training companies, individuals, etc. The concept is that the badge is relatively easy to earn (to keep the learner motivated and engaged) and indicates that they have achieved a certain skill level or learning competency. 

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