COVID-19 has created new financial and operational challenges for higher education leaders, and has accelerated the impact of long-standing demographic, organizational, and economic trends, according to a new whitepaper.
Released by TIAA and EY-Parthenon, “The new normal: Higher education in a post-COVID-19 world” was the focus of a panel at the TIAA Institute Virtual Higher Education Symposium.
During the event, leaders from Bucknell University, Rutgers University, and St. Olaf College shed light on how institutions and higher education leaders can adapt to their new realities and ensure higher education remains attractive for future generations of students.
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“The COVID-19 pandemic is rapidly transforming the higher education industry. While the challenges vary among institutions, leaders are finding ways to adapt and address the needs of current and prospective students,” said Christina Cutlip, Senior Managing Director, Head of Client Engagement & National Advocacy at TIAA. “At TIAA, we are committed to helping higher education leaders navigate this new reality so they can continue to create spaces for young people to develop valuable skills and grow into exceptional citizens.”