Only 65% of higher ed business officers are optimistic about their institution’s financial future.
Reported by Inside Higher Ed, with COVID funds from the American Rescue Plan helping keep higher ed’s finances afloat during the down enrollment years of the pandemic, 65% of Chief Business Officers believe their institutions will be financially stable over the next decade.
This despite nearly half of all institutions reporting they would have a negative operating margin this year without federal funds.
The takeaway? We still have a whole lot of optimists running our books. But maybe we need a few skeptics, too, to help make sure we’re ready for whatever’s coming next?
May you continue to fight the good enrollment growth fight at your institution today, and we’ll see you again tomorrow.
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