(From Christensen Institute) Even elite colleges and universities are facing a shortfall in enrollment this year because of demographic declines and a business model that is no longer working, according to Alana Dunagan, a higher education thought-leader. This has been happening for years, and schools have responded by tweaking tuition a few percentage points each year and searching for more full-pay students. Changing markets, however, mean schools must find new measures to stabilize their business, such as cutting costs and demonstrating value by assessing outcomes whether in the labor market, learning gains or satisfaction levels.
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