Making the grade 2011A study of the top 10 issues facing higher education institutions |
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Background
The funding crisis in the higher education sector threatens more than institutional survival. It also threatens economic prosperity. Drawing on input from leading Deloitte practitioners around the world, this report provides strategies for overcoming the global challenges that universities face.
Key findings
Investments in tertiary education have been linked to economic benefits in countries around the globe. Yet, in recent years, the higher education sector has come under increasing pressure.
Tighter national budgets have reduced sector funding, weak market conditions have diminished endowment value and demographic changes have resulted in lower enrollment levels.
At the same time, educational institutions must meet a host of demands to stay competitive – from self-service administration options and technology upgrades to sustainable infrastructure and attracting the best students and staff.
With 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 steps can help institutions reinvent themselves to prepare for an uncertain future.
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