Budgetary restrictions and cutbacks are making life harder at small colleges across the nation. In fact, “about a third of small private colleges rated by Moody’s generated operating deficits in the 2016 fiscal year, an increase from 20 percent in 2013,” noted Inside Higher Ed. “In contrast, just 13 percent of large comprehensive universities posted operating deficits in 2016, down from 20 percent three years before.”

Shortfalls that cannot be made up because of restrictions on raising tuition fees or a decline in alumni donations will force smaller colleges to make some changes in how they do business. Identifying and evaluating...

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About the Author:

 is a writer for Optimal PartnersBlog.