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Articles: Financial Services

Ken Artin, is a public finance lawyer at Bryant Miller Olive. He can be reached at kartin@bmolaw.com.

There is a great need for infrastructure such as classrooms, student housing, dining and wellness facilities. Public-private partnerships (P3s) are a form of contracting between the public sector and private industry that capitalizes on the potential for private investment in a project, while sharing risk between the public and private partners.

When Teri McIntyre was a University of Wisconsin undergrad in the early ‘90s, she volunteered to call alumni to ask for college fund donations and—believe it or not—she liked making those calls. A university development officer noticed and offered McIntyre a job after graduation.

Betsy Mennell, Northern Arizona University’s development vice president, learned the hard way that “in fundraising, if you speak the language you can talk the talk, but you may not be able to walk the walk.”

After being burned a few times hiring the wrong people—“disorganized, not self-disciplined, afraid to ask for money”—she now requires candidates to tackle four tasks that every MGO must handle.

Bill Berg is an enrollment management consultant at Ruffalo Noel Levitz.

By 2015, the number of law school applicants declined by 46 percent from a 2004 peak, a result of a shrinking job market and “offshoring” of some legal work. Most law schools were forced to change the way they recruited, admitted, awarded and enrolled students to respond to the drop.

Students who arrive at college with a declared major don’t necessarily graduate in a timely manner, and taking the time to explore different academic routes doesn’t always add time to a student’s college career, according to recent research from EAB.

To help new students make the most educated choice, Georgia State University analyzes student performance to guide them in choosing a major that fits for their academic strengths and financial situation.

In an era in which every college or university expense must be scrutinized, tuition remission policy details may be worth analyzing. (Click to enlarge)

Almost 90 percent of colleges and universities offer tuition remission benefits to their employees and employees’ dependents. And with college tuition costs skyrocketing, that benefit has become increasingly sought-after—but expensive for the institution.

While many institutions that examine their tuition remission spending wind up reining in spending in this area, some schools are actually increasing the benefit to better recruit and retain top-notch talent.

Last year, leaders at the University of St. Thomas in St. Paul, Minnesota, increased the tuition benefit for employees’ spouses and children from 75 percent to full coverage. Employees themselves already received 100 percent remission.

Robert A. Walton is CEO of the National Association of College Stores

In the pursuit of streamlined processes and reduced risk, a significant question is often overlooked: Do you want a store that reflects the personality and values of your campus or do you want a cookie-cutter corporate showroom, focused on selling products and making a profit?

Breaking the poverty cycle: Marcy Stidum not only created an apartment for homeless students, but she also helps them with financial planning and job searches.

By the end of August, two students had already lived in an emergency-housing apartment dedicated to the homeless at Kennesaw State University outside Atlanta. And the unit, one of the first of its kind in the country, had opened only two weeks earlier.

Former Ivy Tech president Tom Snyder's Snyder’s book, "The Community College Solution," portrays community colleges as the true pathway to the American dream.

Former Ivy Tech president Tom Snyder's Snyder’s book, The Community College Solution, portrays community colleges as the true pathway to the American dream. But more important, it is a pathway not burdened by overwhelming debt.

Free tuition is the linchpin of a Democratic higher ed platform that many observers describe as more comprehensive than the plans touted by Donald Trump and the Republican Party (Click to enlarge)

Free tuition anchors Hillary Clinton's higher ed platform while Donald Trump wants banks to handle student loans. In a survey, UB readers showed little enthusiasm for either proposal.

Thomas J. Botzman is president of Misericordia University.

My institution, Misericordia University in Pennsylvania, received a solid, but uninspiring B- on Forbes "America’s Top Colleges 2016." After reviewing the criteria, though, it appears our letter grade represents who we aspire to be as it fits our long-held mission of serving first-generation students and others in need.

Colleges now enhance game-day experiences with more luxury suites and better wireless connectivity in an effort to lure fans away from the comforts of home and to the stadium. See a slideshow here.

In 2016, news outlets across the nation reported several accidents and inconveniences in private student housing developments.

In Baltimore, a Morgan State University student was fatally stabbed in such a housing complex. At the College of Charleston in South Carolina, a student fell over a sixth-floor railing and was taken to the hospital in critical condition.

And on the eve of finals, 80 UNC-Charlotte students were evacuated from a private housing complex because their building was sinking and deemed unsafe.

Although Granville Towers, located across the street from UNC Chapel Hill’s campus, was built in 1964, it has been refurbished and updated multiple times by EdR, which manages the 1,327-bed residence hall. Student amenities include weekly housekeeping services for in-suite bathrooms, on-site dining hall and fitness center, a community kitchen, study lounges and a gift-wrapping station.

“What advice do you have for administrators about making long-term relationships with firms like yours beneficial for both parties?”

“Colleges and universities must clearly define their primary objectives and maintain a degree of flexibility with respect to their approach in ultimately determining the business relationship with their private sector partner. By their very nature, P3s are not ‘business as usual’ and therefore require clarity of purpose and flexibility in approach.”

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