September 7, 2009
Take a Hard Look at Academic Programs, and Weed Out the Weak
There is severe pressure to reduce the cost of college. To achieve that, institutions must go far beyond traditional cost-cutting and embrace a broader concept of improving productivity—paying attention to not just what we spend, but what we get for funds expended.
There are aspects of the financing system of higher education that can be considered dysfunctional. Traditionally, higher education operates on a revenue-based model, focused on top-line income, with very little
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