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Articles: Revenues

Providers were asked: How well are colleges using data to measure faculty performance, and what related areas need the most improvements?

“Colleges will typically show the faculty how their scores compare to others at the school, usually those in the same department. But they rarely ask the instructors how they plan to improve any low scores they've earned or coach them how to do so. Closing this feedback loop will improve the students' experience.”

—Howard Walters, SmartEvals.com

Measuring faculty effectiveness has never been a perfect science—and it has always held potential for contention among instructors and administrators.

Wendy B. Libby is president of Stetson University.

College tuition has been growing at roughly double the rate of inflation for decades. At last, the trend of annual tuition hikes appears to be cresting.

Learning benefits aside, undergraduate research serves as a recruiting and retention tool, and also is a way to bring in tuition and grant revenue.

Rogue spending—buying outside a purchasing contract—can be an issue at colleges large and small. Here’s how the small college pros rein it in.

Help spenders put a face to your name. This is easier at smaller colleges, says Karen Khattari, director of general services and procurement at Cedar Crest College. “Everybody knows me, and I know them.” That leads to more control and better accountability.

While many regional consortia use the collective power of members to negotiate purchasing contracts with volume discounts, it can pay to think beyond neighboring colleges when looking at this cost-saving solution.

That’s what the 19 members of the LAMP Consortium did when they joined colleges from around the country to get affordable access to Sakai, a popular open-source learning management system.

REMOTE BUYS—Rural institutions such as Colgate University may have added purchasing woes because of supplier delivery challenges.

These purchasing managers work to save their institutions time and money through a range of strategies that result in purchasing power and wisdom from higher ed peers. Here’s how to do the same.

As textbook sales have declined, campus stores are relying on promotions to attract students who might not otherwise have a reason to visit.

Higher ed museums continue to evolve, but tried-and-true practices drive current trends such as galleries with moveable walls, event spaces and AV technology.

The finalized version of the Tax Cuts and Jobs Act that President Trump signed into law poses less of a perceived threat to higher ed than the bill that passed the House.

Proponents say that people who use education-savings accounts will benefit from deductions in student loan interest.

Critics, however, predict that the doubling of the standard deduction will result in fewer philanthropic contributions to colleges and universities. —Steven Wyman-Blackburn

“The company will make an initial investment of $50 million in a new and ongoing education program specifically designed to cover tuition costs for hourly employees—a result of the recently enacted tax reform and representing a total allocation of more than $175 million in this fiscal year.” Continue reading.

Athletics at the community college level bring far less pomp, circumstance, attention and money than their NCAA Division I counterparts. But that doesn’t mean they don’t play a significant role.

Bill Cooper is associate vice president and chief procurement officer for the University  of California system.

In the last six years, higher education funding has continued to diminish. Its primary driver is the continued divestment of state support for higher ed.

Public universities are evolving their technology transfer activities but must take additional steps to address the demands of the innovation economy.

“No margin, no mission!” is how one respondent to UB’s 2018 Outlook survey of campus leaders described the high stakes involved in raising more tuition revenue, non-tuition revenue and fundraising dollars in 2018.

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