ERIC Number: EJ871268
Record Type: Journal
Publication Date: 2009
Reference Count: N/A
Facing the Challenges of a Turbulent Economy
Gann, Pamela B.
Presidency, v12 n1 p14-17 Win 2009
As college presidents face the challenges of a turbulent and uncertain economy, they are working to assess the impacts on their strategic financial positions and to develop response plans that reflect their institutional missions and values. How can college presidents navigate during these difficult economic times as they seek to hold on to the core values of their institutions? The initial reaction for many of them is to cut programs and spending, and they all must face the fact that budget cuts will be a reality for much of higher education during the short term. As higher education grapples with the ramifications of the nation's sagging economy, the author discusses ways in which college and university leaders can assess their strategic financial positions and develop response plans while maintaining their institution's core values.
Descriptors: Higher Education, College Presidents, Economic Climate, Access to Education, College Attendance, Enrollment, Institutional Mission, Values, Alignment (Education), Educational Strategies, Educational Finance, Strategic Planning, Endowment Funds
American Council on Education. One Dupont Circle NW, Washington, DC 20036-1193. Tel: 202-939-9452; e-mail: firstname.lastname@example.org; Web site: http://www.acenet.edu
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Authoring Institution: N/A
Identifiers - Location: California