Inadequate funding of university education that is occasioned by the present economic quagmire has made the need for generating revenue other than government allocation sacrosanct. It is against this backdrop that this paper attempted a holistic perusal of the issues associated with Internally Generated Revenue (IGR) in Nigerian Universities. This…

The number of colleges and universities facing financial difficulty is rising rapidly, and the pressures upon these institutions will be exacerbated by the arrival of the "demographic cliff " (18 years out from the fall in birth rates during the 2008/09 economic downturn) in 2026/27. The Forbes annual financial ranking of academic…

The purpose of this study is to understand how strategy and strategic decision-making have contributed to financial strength at those small, private, non-profit, less-selective, tuition-dependent institutions with small endowments that have established financial stability. Interviews were conducted of participants at three institutions, including…

Students at America's most renowned private universities face different acceptance rates, college wealth, class sizes, and potential graduate earnings even in comparison with students at the nation's highest-ranking public institutions. The analyses that led to these findings frequently focused on national or state-wide comparisons of public…

There have been numerous reports of institutions of higher education (IHEs) experiencing financial hardships as a result of the Coronavirus Disease 2019 (COVID-19) pandemic. This report discusses and contextualizes issues related to IHEs' stability and fiscal health during the pandemic. To provide background on the types of issues IHEs are facing,…

College-provided scholarships, or tuition discounts, are in the news. The National Association of College and University Business Officers recently estimated that the average discount for full-time, first-year undergraduates at private nonprofit colleges and universities hit 50 percent in the fall of 2017. In other words, these institutions…

In a state where most higher education institutions are working to address financial and enrollment challenges, the University of Wisconsin-Milwaukee (UWM) faces some of the greatest difficulties of all. UWM's steep enrollment drop has exacerbated the effects of an eight-year tuition freeze and lagging state funding, forcing cuts to faculty,…

Declining government funding for higher education requires colleges and universities to seek alternative revenue streams, including through philanthropic fund-raising. Extension-based subject matter centers and other programs can benefit from the thoughtful supplementation of traditional revenue sources with individual, corporate, and private…

As the largest university in the state's biggest city, the University of Wisconsin-Milwaukee (UWM) plays a crucial role in providing higher education to disadvantaged students. It also serves as the third-largest research institution in the state, behind only UW-Madison and the Medical College of Wisconsin. In 2013, an estimated $1.5 billion in…

This paper examines whether university endowment managers think only in terms of the assets they manage or also take into account background income, that is, the other flows of income to the university. Specifically, we test whether the level and variability of a university's background income (e.g., from tuition and government grants) affect its…

This publication provides governmental and higher education decision-makers a statewide perspective of Arkansas public higher education finance for the 2021-23 biennium, as well as trends for the past several years. It also contains a detailed financial profile of each institution and presents a basis for comparative assessments of revenue sources…

This article describes the changing face of institutions of higher education in Russia in comparison with other countries. It is shown that the ratios of funding sources for higher education in Russia are similar in structure to those in other countries. However, the absolute amounts of funding from these sources are three times less in Russia…

A phenomenon with far-reaching effects on nonprofit investment management and governance has become a little-noticed yet powerful force in boardrooms over the past decade. Despite its wide-ranging implications, this development has largely gone undocumented. This paper seeks to draw attention to this change and its implications, and to trace a…

This publication provides governmental and higher education decision-makers a statewide perspective of Arkansas public higher education finance for the 2019-21 biennium, as well as trends for the past several years. It also contains a detailed financial profile of each institution and presents a basis for comparative assessments of revenue sources…

In his 1887 biennial report to the General Assembly, Kentucky Agriculture and Mechanical College President James Patterson wrote that competition was so strong that only the educated individual would give the state the comparable advantage in production and trade necessary to compete against peers for academic dominance in scientific and technical…