Investments in tertiary education have been linked to economic benefits in countries around the globe. Yet, in recent years, spending on higher education has come under increasing pressure. Tighter national budgets have reduced sector funding, weak market conditions have diminished endowment value and economic hardship has resulted in lower enrolment levels. At the same time, educational institutions must meet a host of costly demands to stay competitive – from self-service administration options and technology upgrades, to newer infrastructure and enhanced faculty recruitment programs.
Amidst shrinking resources and rising demands, it is becoming clear that higher education institutions can no longer maintain the status quo. To achieve their mandates and serve their constituencies, they must transform the way they do business.
To help, Deloitte education practitioners around the world collaborated to create Making the grade 2011: A study of the top 10 issues facing higher education institutions. In this report, educational institutions will find essential strategies they must consider as they seek to address their challenges, as well as some fresh thinking on key institutional drivers. Beyond simply helping colleges and universities survive current economic hardship, these strategies can help institutions reinvent themselves to meet evolving educational needs.
Click here to read the full report