New Thinking in Higher Education

The recession has forced many institutions of higher learning to rethink their business models to not only reduce costs, but also reshape themselves to react to the rapidly changing enrollment patterns.  According to National Center for Education Statistics data, over a ten year period from 1998 to 2008, enrollment at two-year public colleges grew 32 percent, while enrollment at four-year public institutions increased by 19 percent, and by 17 percent at four-year private institutions.  The recession of the past two years has only reinforced this trend as unemployment rates have hovered near 10% and people are seeking economical options to increase their skill set. This creates issues for both two-year and four-year institutions. Continue reading