1/3 of College Business Officers Expect Financial Challenges

(from Inside Higher Ed) College business officers are feeling gloomier about their institutions' financial positions than their college presidents, according to recent surveys by Inside Higher Ed. More than a third of all CBOs (36%) expect their financial condition to worsen over the next year, compared to just 22% of presidents who said that in the spring. In the long term, 65% of chief college business officers say they are confident in the 10-year outlook of their colleges, while19% of those surveyed say they lack confidence over the same period. 

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