During a seminar this week at the American Council on Education’s annual conference, panelists addressed how colleges and universities continue to be plagued by the repercussions of the “Great Recession” of 2008.
A panel of higher-education stakeholders discussed their greatest challenges in dealing with the economic downturn. Chief among these, college presidents said, was achieving a delicate balance between strengthening their financial stability and maintaining good value.
San Diego State University President Elliot Hirshman, who was appointed to the post in 2011, touted the value of resiliency and adaptation in troubled times. He spoke about having to contend with strict budget limitations, and having to find innovative ways to generate revenue in order to continue important research initiatives.…Read More