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ERIC Number: EJ1272927
Record Type: Journal
Publication Date: 2020-Sep-9
Pages: N/A
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-1938-5978
EISSN: N/A
Available Date: N/A
Hey Big Spenders: Spend a Little Less on Phone Lines and Package Delivery?
Tenenbaum, Seth
New England Journal of Higher Education, Sep 2020
College and university leaders are fighting the battle of their lives to maximize their institutions' financial wellbeing. With COVID-19 further weakening institutions' financial positions, are there any hidden sources of savings still to be had? The answer, often, is yes--even for the many institutions who have already made substantial cuts. It is possible that 15% to 20% of expenses, such as telecommunications, credit card processing, small package delivery, waste management and electronic signatures can be further reduced. This article presents some potential cost-saving strategies for higher ed teams to consider. These are mainly to lower administrative and operational expenses (e.g., waste disposal) without affecting educational processes and tuition and fees.
New England Board of Higher Education. 45 Temple Place, Boston, MA 02111. Tel: 617-357-9620; Fax: 617-338-1577; e-mail: nejhe@nebhe.org; Web site: https://nebhe.org/nejhe/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A