Indirect cost rates, also known as facilities and administrative (F&A) rates, are a critical yet often overlooked element of federally funded research. These rates help higher education institutions recover the real and growing costs of supporting research infrastructure expenses--including lab maintenance, compliance oversight, and grant…

This paper examines how mounting pressures are reshaping academic freedom (AF) and the professoriate in contemporary higher education, with particular focus on the Canadian university context. Through qualitative interviews conducted between 2009-2011 with tenured faculty from two Southern Ontario universities, the study investigates how fiscal…

The COVID-19 outbreak had far-reaching consequences, severely impacting various sectors of society, including higher education institutions (HEIs). This study explored the resilience of Ghana's higher education system during the COVID-19 pandemic by examining the challenges faced, strategies adopted by institutions, and the factors that…

The vagaries of market forces are presenting a financially challenging environment for the higher education sector in England. Intense competition is leaving those overly dependent on tuition fee income in an exposed position. Despite a strong narrative for the need to diversify funding in the available higher education literature, empirical…

UMass Boston has been a campus in turmoil for the past 20 months. Internal upheaval first became public in January 2017 when the UMass Board of Trustees (BoT) refused to extend Chancellor Keith Motley's contract. In March 2017 the trustees disclosed that the campus was facing a budget deficit of up to $30 million with just three months remaining…

This paper reflects on the University of the South Pacific Tuvalu Campus experience. Whilst COVID-19 poses pedagogical and financial issues in a university already experiencing management crisis, it also creates an opportunity for the strengthening of institutional systems and relationships that brought out the resilient ability it has to bounce…

The gap between the abundance of American higher education talent and the immense foreign demand for it is the great chasm in global education. It is a gulf of lost opportunities. It is also a space of great economic potential. This book describes the great chasm, examines factors underlying it, and suggests ways to bridge the gap to realize this…

This TICAS (The Institute for College Access & Success) issue brief explores student financial vulnerability and highlights the need for policymakers to both prioritize need-based grant aid and recognize a broader array of financial circumstances and challenges impacting students in order to better address their financial needs and reduce…

Recently, two phenomena have been discussed in higher education-specific media: (1) the prevalence of institutional mergers to promote longevity; and (2) institutional rebranding to improve public perceptions and increase enrollment through enhanced and/or clarified missions (Wexler 2015). Although such has been reported in "The Chronicle of…

Fluctuations in the financial welfare of institutions of higher education have long been tied to our country's economic well-being. For many institutions the most recent financial downturns have led to historic revenue and enrollment difficulties that have necessitated the use of cost containment strategies to conserve dwindling resources.…

This chapter describes the impact of major changes in community college funding on its open-access mission, as well as on the work and responsibilities of college leaders as they attempt to balance the increasing demands made of their institutions while concomitantly grappling with diminished public fiscal support.

Strategic financial management is being redefined as a result of the ongoing fiscal challenges facing the nation's public colleges and universities. The Great Recession reached its peak in 2009 and the era of "business as usual" for public higher education quickly faded. A "new normal" has emerged that is causing leaders to…

Fiscal responsibility matters at institutions of higher learning, especially when they are public and supported by taxpayers, but colleges are not businesses. The consequences of fiscal irresponsibility profoundly affect students, faculty, and staff, as well as teaching, research, and service activities. This essay gives a brief history of the…

In 2011 and 2012, two Australian university vice chancellors flagged spending cuts at their institutions to overcome financial problems. In both cases, union and staff opposition led to public protests, intense media scrutiny, delays and retreats. This article compares the two cases to see what lessons may be drawn for university leaders faced…

When officials at tuition-driven Fisk University raised the veil of secrecy a few years ago surrounding the university's financial condition, the details they laid out were less than encouraging. The Nashville-based university, home of the historic Jubilee Singers, was losing several million dollars a year and had not received any major private…