Friday, March 4, 2011
College presidents report cost-cutting strategies
Inside Higher Ed study shows 4-year college presidents trimming support and full-time staff, some programs, and raising fees, but stopping short of using online technology, forced retirement, and cuts to faculty pensions and benefits to work within tighter budgets. Community colleges and for-profits use more online programs and part-time faculty to control costs. Some worry that college presidents fail to see permanence of downturn in funding.