Affordability: Traversing the tightrope between student outcome expectations and fiscal constraints

Presented by Baker Tilly, ACUA, and the American Institutes for Research (AIR)

The affordability of higher education is a hot topic of conversation amongst students, parents, and institutional officials alike. With student loan debt having increased by upwards of 200 percent in the last decade, and over $1 trillion in debt currently outstanding in the United States, students and parents have developed an extreme aversion to student debt, and are questioning the return on investment and advisability of required student loan levels. This outlook has the potential to compromise the future of students, and tuition-dependent colleges as well. It also impacts the public's perception of how higher education institutions are managed.

In an effort to improve financial performance, optimize operations, and enhance student success, institutions should adopt a transformational approach to affordability management. Institutions must balance the need to decrease tuition with maintaining positive student outcomes. In this webinar we discuss how to negotiate these competing factors and address the following:

  • Current environment and realities within higher education (based on the Delta Cost Project research)
  • Need for affordability transformation illustrated through business case points
  • Leading transformative practices addressing ROI, optimized operations and measuring student success

While affordability does not lend itself readily to “audit” in the traditional sense, internal audit functions should be aware of the dialogue and conversant in related risks and promising practices that can assist institutions in progressing through this disruptive period of change.

Download the presentation: Affordability >

For more information on this topic, or to learn how Baker Tilly higher education specialists can help, contact our team.