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From UB

Keeping college bookstore prices down and revenues up

February, 2017
Robert A. Walton is CEO of the National Association of College Stores.

Campus bookstores at most higher education institutions are asked to increase revenues to support operations, scholarships and other campuswide needs as well as drive down prices and ratchet up services to help students.

Higher ed and public-private partnerships: Myths vs. realities

February, 2017
Kevin Wayer is an international director and co-president of JLL’s Public Institutions group, providing real estate services to higher ed institutions.

To bridge the gap between dwindling public resources and the growing cost of infrastructure and facilities, a public-private partnership (P3) can be a solution that infuses capital into an overstretched budget and makes new development financially feasible.

College retirement plans under attack

February, 2017
Recent lawsuits have alleged that certain colleges breached the Employee Retirement Income Security Act (ERISA), which states employers that sponsor retirement plans have a fiduciary responsibility to prudently manage those plans on the behalf of their employees.

Eight prominent universities—including University of Pennsylvania, Duke, Emory, Johns Hopkins, Vanderbilt and others—were hit with separate lawsuits in August 2016 alleging the institutions mishandled their employee retirement plans.

SEC clamps down on municipal bond violations

February, 2017

The Securities and Exchange Commission (SEC) recently completed settlements with the greater part of municipal underwriters and an initial group of issuers under the recent MCDC (Municipalities Continuing Disclosure Cooperation) initiative.

Colleges can build a retirement plan that withstands lawsuits

January, 2017
Sarah Bassler Millar and Richard Pearl, of Drinker, Biddle & Reath LLP, advise higher ed leaders that fiduciaries should be trained by outside counsel with expertise in ERISA retirement plans.

Recently, plaintiffs’ attorneys have brought dozens of lawsuits against universities alleging that their retirement plan fiduciaries breached their duties under the Employee Retirement Income Security Act of 1974 (ERISA). A failure to fulfill fiduciary duties under ERISA can lead to serious consequences, including personal liability under ERISA. There are steps fiduciaries can take to discharge their responsibilities and avoid these harsh results. 

Sponsored Content

4/20/2017

Like many institutions, Yale University first adopted academic video at a departmental level. This proved the potential of video as a study aid, but also created a number of challenges, including requiring administrators to maintain a complex web of disconnected media storage solutions, and forcing students to learn multiple systems for accessing their recorded lessons. As video became an increasingly relied-upon pedagogical tool for both online and on-campus learning, it was determined that the university should transition to a unified media platform.

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3/16/2017

In the race to attract, retain and prepare students, the institutions with the most relevant programs and most current technologies have an advantage. Hands-on learning through 3D printing at a college or university opens doors to entrepreneurship and industry collaborations that benefit budding scientists, engineers, artists and designers by preparing them for the requirements of the knowledge-based economy.

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3/9/2017

Often, student success efforts are focused primarily on retaining first year students, but fail to continue supporting students throughout their college careers. At the University of North Carolina-Greensboro, the institution’s leadership wanted to take a broader approach to student success by developing a predictive model that would include upperclassmen.

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3/7/2017

Students today don’t respond to the traditional methods of communication from their college or university like they once did. While websites and email are appropriate for housing and delivering certain types of information, institutions need to develop a campus-wide mobile presence in order to reach students effectively and in the format they prefer.

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2/23/2017

Many institutions struggle with the consequences of using multiple IT platforms for managing operations across departments, such as IT Support, Admissions, HR, Marketing, Residence Life or Facilities. The results—dissatisfied students and faculty, miscommunication, redundancy and poor resource allocation among them—can negatively impact the institution in a variety of ways.

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