Higher education institutions are facing a challenging operating environment as enrollment declines pressure revenue, inflation pressures budgets, endowment earnings remain volatile, and concerns that fewer Americans see the value of post-secondary education threaten institutions' financial viability. Policymakers and Boards rely on financial…

The increased competitive nature of higher education institutions has caused many small private liberal arts colleges/universities to struggle economically. The cost of keeping such institutions viable is high. Many institutions have had to raise tuitions rates, which resulted in decreased enrollment numbers. As a result, many institutions have…