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.
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.
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.
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.