Articles: Financial Services

Albert Einstein had this to say about problem-solving: "You can never solve a problem on the same level on which it was created." In other words, the solution lies at a higher level. That is certainly the truth for many efforts in higher education, where overcoming administrative challenges?

The academic calendar maintains its own particular cycle and pivots on its own particular axis. Critical dates, such as deadlines for the submission and changing of grades, must be honored. After all, should the calendar lose its adherence, the effects can be negative.

There was just one problem with State University of New York at Cobleskill’s otherwise successful plan to boost revenue by focusing on noncredit-bearing professional education programs and community-based programming.

You can’t just toss an old computer into the corner trash can when it has outlived its usefulness.

Doing more with less is the new normal in higher education. And as college and university administrators work to increase efficiencies, the areas of planning and assessment have grown in importance as strategic tools to manage resources.

In his 2011 State of the Union message, President Obama proclaimed that the "first step in winning the future is encouraging American innovation." The Bayh-Dole Act, which I co-sponsored with Senator Robert Dole in 1980, has done just that.

Overlooking the Hudson River, this tech center helps orient the Marist College (N.Y.) campus to the river and will help enforce the role of technology across disciplines.

The Student Aid and Fiscal Responsibility Act (SAFRA), passed in May 2010 as part of the Healthcare Reform Act, was an attempt to rein in the student loan industry and save money by taking private lenders out of the equation.

California Lutheran University and the City of Thousand Oaks grew up together. California Lutheran College was officially incorporated on Aug. 4, 1959, five years before the city incorporated. CLU is just finishing a wonderful celebration of its first 50 years.

Future Shock

Darwin put it this way: "It is not the strongest of the species that survives, nor the most intelligent. It is the one that is the most adaptable to change." This simple truth in nature may best describe the evolution of the most nimble higher ed ownership models in the 21st century.

Universities are often in a unique position when it comes to managing their pharmacy benefits. Those associated with medical schools, hospital, and clinics often have affiliated pharmacies and access to staff with clinical pharmacy expertise.

Thomas Edison, America's most prolific inventor, once explained his passion for innovation by saying, "There's always a better way." That's the spirit, if not the directive, for the campus departments profiled in the first round of 2011 Models of Efficiency honorees.

Across many college campuses, one of the most innovative, yet sometimes controversial, initiatives in recent years has been the embrace and development of online programs.

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