Bold thinking and bold action from higher-ed trustees and academic leaders are essential if the next generation of students is to have access to high-quality and affordable education, according to a new report.
With a little creativity and engagement, though, trustees and campus administrators can implement policies and strategies that improve campus efficiency, accountability, educational quality, and completion rates.
Bold Leadership, Real Reform 2.0: Improving Efficiency, Cutting Costs, and Expanding College Opportunity, revisits schools profiled in an earlier report and provides updates on the schools’ initiatives and efforts to improve institutional quality and lower costs.
The earlier report urges higher-ed trustees to look at innovative university and system-wide models, such as shared course initiatives and online consortia, curricular consolidation, and the use of institutional analytics to identify bottlenecks and improve operations.
The authors note that the programs described in the profiles can serve as models for those who wish to achieve similar successes on their own campuses.
“This guide is a playbook for trustees looking to leapfrog the conventional wisdom about higher education finance,” said Armand Alacbay, ACTA’s vice president of trustee and legislative affairs. “Higher education’s traditional business model is increasingly unsustainable, so the need for engaged trusteeship is at an all-time high. Boards can play a significant role in improving institutional strategy and efficiency without compromising academic quality or raising tuition.”
Along with 5 system-wide profiles and campus case studies, the report also highlights various partnerships and initiatives launched in order to improve universities’ operations and performance.