Professional Opinion

Life and learning on the fast track

Is the trend toward accelerated degrees the natural outcome of decades of degree inflation?

Some see the three year baccalaureate as a fad which will ultimately dilute the depth, breadth, and rigor of the true college learning and living experience. Other commentators see the accelerated credentials megatrend as the natural outcome of decades of degree inflation.

Think about the fact that an associate’s degree is no longer the coin of the realm in contemporary American higher education, business, and industry. In fact, in the current economy, one wonders whether four years is too long for a bachelors degree? Enter the three year baccalaureate.

How colleges and universities can guard against inflation

With money supply increasing, the probability of higher inflation also is rising

Monetary policy in the United States took a dramatic turn with the introduction of quantitative easing after the financial crisis of 2008.

Although it achieved its primary objective by forcing down long-term interest rates, it also increased the supply of money in the economy, which has contributed to inflationary pressures in the past.

While we are fortunate to have witnessed a lengthy and very low inflationary environment, as money supply increases, the probability of higher inflation also increases.

How are students using Social Media?

A graduating senior applying for a position completed a successful phone interview and travelled to a face-to-face interview with the company. Instead of an interview, the candidate was told upon arrival that the company had discovered ‘inappropriate’ posts and behavior in his social media. The candidate was directly rebuked and dismissed without any hope of ever obtaining a position in the company.

Yes, this is a true story from a CEO, who had wished they had looked at social media earlier in the process.

Keeping an eye on the college lock box

How to protect against internal theft

Higher education is big business, but many schools are operating with barely more fiscal security than the average kid’s lemonade stand.

Thefts from colleges are persistent, increasing and coming from all around campus. Common targets for embezzlers include bookstores and cafeterias, tuition collection, and even government grants to professors. Administrators should implement a proactive risk management program that includes checks and balances in the accounting department, regular audits of invoices and other fraud prevention techniques.

Collaboration strengthens programs and lowers costs

Shared services add missing pieces to the expense puzzle

There have been continuous outcries in recent years for colleges and universities to lower their costs, yet in almost every area those costs continue to rise.

We all know that health care premiums, utility bills and food are among costs that are beyond a college’s control. Institutions also must spend to deliver new or enhanced degree programs, and these costs are often overlooked by the public.

Seven tips for starting a student success coaching program with an outside partner

One proven way to improve retention is by supplementing traditional academic advising with student success coaching. Student success coaching helps students fit school into life and life into school while building up the skills they need to be successful, including study skills, time management, and stress management. As institutions explore the possibility of starting coaching programs to improve student outcomes, there are several challenges they will face.

Are you sending students too much marketing content?

The key to reaching prospective students isn’t to produce more content, it’s to produce more relevant content to the channels students use most.

The students you’re trying to reach today have grown up in a world in which nearly everything was an advertisement. When they were still in diapers they were bombarded with cartoon characters aggressively hawking sugar-laced cereals, and as they’ve grown older, the commercials, emails, texts, pop-ups and social posts crowding their view have only increased in volume.

The impact of purposeful campus internationalization

Cultivating a campus culture that embodies both global diversity and interconnectivity should be central to the mission of universities today.

Cultivating a campus culture that embodies both global diversity and interconnectivity should be central to the mission of universities today. Reminders persist that our current environment and economy are not confined to our immediate geographic surroundings. Modern-day technologies, transportation, international trade, and politics significantly diminish distances that used to seem great.

Challenges of a new president

Meeting strategic planning and the ratings frenzy head-on

It would be very easy to be jaded about the future of higher education if it were not for the fact that those who serve this industry view it as a calling.

New rules for college pension plans

The impact of GASB 68’s pension standards on educational institutions

The Governmental Accounting Standards Board (GASB) voted unanimously in March to implement GASB Statement No. 68, Accounting and Financial Reporting for Pensions.

This accounting standard modifies existing financial reporting requirments as well as establishes new ones for governmental entities—including public colleges and universities—that participate in defined benefit pension plans.

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