Which institutions are at the most revenue risk this fall?
Reported by Education Dive, it’s the institutions most revenue-dependent on auxiliary income outside tuition that are the most at risk this fall. For instance, Wheaton College in Massachusetts depends on auxiliary income such as housing, dining, and athletics for 30% of its operating income, compared to neighboring Tufts University, where that income reflects only 6% of its total operating budget.
The takeaway? Enrollment aside, there are fundamental operational differences across our institutions that are making this pandemic even more particularly painful for some of us than others.
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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