Many colleges were facing financial pressure before the pandemic. But the crisis has exacerbated those challenges and stoked more questions about the sustainability of colleges with shaky finances.

Nick Ducoff is cofounder and CEO of Edmit, a college financial education company. He has weighed in on this issue with projections of when private colleges are likely to run out of money. We spoke with Nick about those analyses and the gaps he sees in what students and their parents can find out about the financial health of colleges.

We also spoke with Barbara Brittingham, who just stepped down as president of the New England Commission of Higher Education, a regional accreditor. Brittingham has been a well-placed observer of the financial woes of struggling colleges, and is an expert on the U.S. regulatory system's role in overseeing higher education finance.

 

Be the first to know.
Get our free daily newsletter.

 

More Episodes

Michael Yarbrough, an assistant professor of law and society at the City University of New York's John Jay College of Criminal Justice, and his students in a senior colloquium this spring documented the pandemic's impact on CUNY, students in the class and their families.

Many questions loom about remote learning in coming months. Will online offerings from colleges be more sophisticated? What steps need to be taken to ensure academic quality in online learning? And will short-term credentials be more popular?

In roughly a month, many colleges and universities are planning to welcome back students to campus-based learning. But surging COVID-19 cases across much of the country have kept college administrators busy adjusting their plans.

The pandemic has exposed and worsened equity gaps in higher education, as its impacts have been felt most by Black, Latino and lower-income Americans. What policies and incentives could help close those gaps?

A possibly steep decline in enrollments of international students is among the wide range of disruptions U.S. colleges face this fall. To get an entrepreneurial take on what to watch in coming months, we spoke with two experts with global perspectives on higher education and ed tech.

The pandemic and unrest over racism in society have further exposed existing inequity in higher education and the workforce. For example, survey data from the Strada Education Network show that black and Latino Americans are more likely than white Americans to have been laid off during the crisis, and to have changed or canceled their postsecondary education plans.

Several colleges and universities have eliminated intercollegiate sports teams in recent weeks, just as big-time college football gears up for a season filled with uncertainty amid a time of great unrest over racism in society.

The University of Alaska, Anchorage, in recent years has experienced its share of tight budgets and other crises, including an earthquake and merger proposals.

The California State University system announced on May 12 that its fall term would be mostly online. The system was the first major U.S. university to make this move, and the announcement set off a flurry of news media coverage and debate among policy makers and college leaders.

California has seen 3 million new unemployment claims filed in recent months, and the state proposed a $740 million budget cut to its community college system. But California's two year colleges are drawing from lessons learned during the last recession to cope with mounting challenges amid the pandemic.

Pages

Back to Top