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Revenues

From UB

Do rising costs equal increased efficiency?

August, 2016

To academic librarians, the serials crisis—the budget squeeze caused by the rising cost of subscriptions to scholarly journals—is old news.

Library spending on serials rose 402 percent between 1986 and 2012, according to the Association of Research Libraries, and costs for individual subscriptions rose by an average of 12 percent over the past two years alone, a Library Journal survey found. 

3 to-do’s for launching a campus incubator

July, 2016
Talent, technologies and capital converge at TechTown Detroit, an incubator formed by Wayne State University in partnership with General Motors and the Henry Ford Health System. Since 2004 TechTown has been housed in a 1920s-era building contributed by GM.

It takes more than good intentions and extra space to be successful in starting an incubator.

Here are three tips to to help campus departments of economic development go from idea to execution:

Sponsored Content

Colleges and universities are under intense pressure to meet enrollment goals, improve retention rates, and shorten time to completion. Predictive analytics can play a crucial role in these efforts by providing insights that guide strategic decision making, improve enrollment management and promote student success.

Colleges and universities are facing a wide variety of business and finance challenges, but many are finding creative solutions. To explore these issues, University Business and Oracle partnered to develop and deploy a recent survey of higher ed business and finance leaders about some of the challenges they face, including rising costs, lack of access to strategic data and changing student expectations.

Institutional research is crucial to providing college and university leadership with the data required to make the most informed strategic decisions, across a broad range of areas including admissions, academics, finance, enrollment, retention, staffing, facilities and more. In order for this research to be effective, however, it is also important to have a strategy and process to translate the data gathered into actionable information.

7/12/2016

While faced with state and federal regulations, an increasingly competitive recruitment environment and intense pressure to contain costs, many colleges and universities have been unable to modernize critical business processes, which could help address key challenges in admissions, finance, and fundraising. Siloed data, manual processes and inefficient workflows can be costly, create security vulnerabilities and prevent institution leaders from understanding the true costs of doing business.

Campus cards are a critical component of campus life, serving not only as a student’s identification, but also providing access to facilities, meals, disbursement funds, events and more, interconnecting the institution and the community. New technologies are continually expanding the capabilities of campus cards, including the physical form they take. Institutions have an ever-growing number of options for providing secure and convenient IDs to students, faculty, and staff.