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The other way to deal with the crisis
Colleges and universities across the country are feeling the pinch: endowments have tumbled, donations are down and states appropriations have been drastically reduced. The standard response at most colleges and universities has been to raise tuition. But tuition costs have more than quadrupled over the past 30 years. Surely there must be another solution.
In comes ACTA with a new short guide that tells trustees that reflexive tuition increases are no longer tenable and that they must learn to do more with less by cutting costs. Cutting Costs: A Trustee's Guide to Tough Economic Times outlines ten areas that trustees should look into to reduce expenses and provides examples of creative ideas that have been successfully implemented at different colleges and universities. It is being sent to more than 10,000 trustees at some 600 colleges and universities across the country.
Posted by David Azerrad on August 02, 2010 at August 2, 2010 06:21 PM
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