Higher-education leaders report optimism amid mixed, contradictory responses in survey
- In a new Higher Education Outlook Survey by accounting firm KPMG, higher-education administrators reported mixed and sometimes contradictory views regarding their institution's financial future.
- While 57% of respondents reported that they expected their college to be in better financial shape in five years and 19% said there was no change in their institution's financial status following the economic downturn, 84% stated their concern over their school's ability to pay for future capital needs like buildings and equipment.
- The results were based on the responses of 102 senior financial or academic administrators primarily at public and private universities and colleges with large endowments.
From the article:
Higher-education administrators have some mixed and even contradictory views about the financial future of their institutions, according to a new survey. While the national and state economies continues to recover at a sluggish pace, 57 percent of the respondents in the Higher Education Outlook Survey, the first such report by the accounting firm KPMG, said they expected their college to be in better financial shape in five years. ...
- Chronicle of Higher Education Read More
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