The efforts of eight private four-year colleges to deal with revenue declines in the 1970s are described. The major social, political, and economic developments that contributed to the decline and recovery efforts are briefly reviewed. Attention is directed to strategic management responses to the financial stress. The colleges, whose identities…

Trends in U.S. higher education, including the expansion toward and then withdrawal from the goal of universal educational opportunity, are examined. Problems are being experienced with regard to colleges and the commitment to flexibility in higher education, along with alternative education systems that operated parallel and complementary to the…