Get Down to College Business

The podcast “Get Down to College Business” specifically addresses how colleges can apply proven business tactics for operational excellence. You will hear from experts in business and higher ed on which tactics could work. You will learn about streamlining expenses, boosting student outcomes, and meeting student expectations at the same time.

According to the Federal Reserve, the total student loan debt in the U.S. exceeds $1.75 trillion. Trillion, with a T. Each borrower owes an average of nearly $29,000. Not surprisingly, students at private nonprofit colleges took on more debt than students at public schools.

The implications of significant debt for new graduates are staggering. Millennials and Gen Z’ers are less likely to own a home, buy a car, get married, or start a family due to the debt.

The data drives my key questions. What can be done to reconcile the societal need to produce an educated population while maintaining a thriving non-profit college system? How can we have both, without sacrificing the goals of higher ed or reducing access to college? Let’s find creative ways to reduce the operating expenses while maintaining strong student outcomes. Colleges can stay open and students will benefit with a more affordable college experience.