Confidence Slips for Higher-Ed CFOs

(from Inside Higher Ed) Only 44 percent of chief financial officers at private four-year colleges say they're confident that their schools will be financially stable in 10 years, down from 52 percent in 2017 and 54 percent in 2016. Inside Higher Ed's 2018 Survey of College and University Business Officers also revealed, perhaps not surprisingly, that the CFOs are thinking more seriously about taking drastic measures. Among :

• 24 percent say leaders at their college have had “serious” discussions about a merger, more than any other sector and almost five times more than last year (5 percent).
• 26 percent say their college should merge with another.
• 68 percent acknowledge that their tuition discount rate is unsustainable, markedly higher than last year's 59 percent and 47 percent in 2015. 

More at Inside Higher Ed

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