Webinar | March 16 | 10-11am | Livestream
According to a report by the Washington Post 40% of undergraduates in the U.S. attend small colleges and universities — with fewer than 5,000 students. In addition, nine percent of Fortune 500 CEO’s graduated from liberal arts colleges. Twenty three percent of US Educated Nobel Laureates and twenty seven Percent of US Presidents are Liberal Arts College graduates.
Unfortunately, on average, five private 4-year non-profit colleges and universities have closed per year over the last ten years, with as many as 9 institutions closing in 2009. For small colleges and universities, risks to financial health have become a chronic issue in the aftermath of the financial crisis of the early 2000’s. Small colleges and universities tend to be among-or at serious risk of joining- the one third of higher education institutions that face financial statements significantly weaker than before the great recession.
Panel members will discuss the financial challenges facing small colleges and universities and will outline the strategies they have taken to address these challenges. In particular the panel will highlight the challenges and opportunities related to online programs and partnerships.
Panel Members include:
James A. Hyatt, Interim Vice President and CFO EDUCAUSE and Vice Chancellor and CFO Emeritus, Senior Research Associate and Principal Investigator, Center for Studies in Higher Education, University of California, Berkeley. Mr Hyatt has been actively involved with colleges that have sought to imitate or expand online programs or develop partnerships with other colleges and universities.
Karen Webb, President of Union Institute and University in Cincinnati Ohio;
Nelson Soto, Provost and Academic Vice President at Union Institute and University.
Rev. Bill Nelson former vice-president and academic dean of St. Olaf College (MN), president of Augustana University (SD). Dr. Nelson has been involved in the successful establishment of partnerships or federations between several small colleges and universities