White Papers

White Papers

The State of Higher Education in 2017

Grant Thornton LLP

Experience-based approaches for seizing opportunities and addressing challenges: Grant Thornton’s sixth annual State of Higher Education report. Of particular interest is Implementing Cost/Revenue Modeling for Meaningful Decision-Making. The paper introduces a way to gain a better understanding of business operations—the interlacing relationships among costs, revenues, activities, courses, programs, etc. The institutions most likely to succeed in this respect will effectively assess how their use and allocation of resources – such as facilities, class size and academic workloads – contribute to financial sustainability. All of this can be implemented in Pilbara Group’s modelling software and we are working closely with Grant Thornton in the United States.

Evolving Higher Education Business Models

William F. Massy, Stanford University

Anyone concerned about how colleges and universities can remain viable, and indeed thrive, in the face of today’s many challenges should read this paper carefully. The ideas are profound and the recommendations are potential game-changers that challenge the conventional wisdom. They will help institutions transform themselves—in ways appropriate to twenty-first-century values, market conditions, and technology—to become better and more innovative.

Cost Structure of Post-Secondary Education

Maria Anguiano, Senior Advisor
Bill and Melinda Gates Foundation: Post-Secondary Education Success

A Guide to Making Activity-Based Costing Meaningful and Practical
The higher education industry and its observers have wrung hands over rising costs for years. While there are many reasons for escalating costs, there is at least one that higher education leadership has complete control over and could start addressing immediately. The fact of the matter is, there is almost a complete lack of visibility on how much it actually costs to deliver post‐secondary education and how those costs compare with the outcomes achieved. While the “measuring higher education outcomes” portion of the equation has been receiving growing national attention, the “cost to deliver” portion of the equation has received much less attention. Both issues must be addressed. Accurately measuring costs and comparing them with outcomes is one of the most important strategies that can be pursued in transforming the economics of higher education.