Category: ACE Insights

New Academic Programs – Five Year Financial Forecasts in Minutes

A significant amount of time and effort goes into the development of a new program for a college. Unfortunately, the financial aspects of the new program tend not to get as much attention. In today’s environment it is becoming more and more important to ensure any new programs not only break-even but contribute positively to […]

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Why is Traditional Accounting Failing Higher Education?

With Gary Cokins Traditional or Financial Accounting is essential for statutory and regulatory reporting for government agencies and the investor community. It is guided by Generally Accepted Accounting Principles (GAAP). It is best referred to as “external” financial accounting. But here is the problem: Colleges know in detail how much they spend; however, the vast […]

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Hundreds of colleges fear closing or merging

In the latest Inside Higher Ed 2019 Survey of College and University Presidents it was no surprise to see that the majority of presidents are confident that their institutions will be financially stable over the next five years. What I was quite surprised to read was that 14% of college presidents say they could see […]

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Is a tuition freeze a good thing?

It can be if you know how to calculate the financial impact and develop mitigating strategies… here’s how: “Tuition Freeze” seems to be a headline that’s popping up more and more in higher education news sites in the US.  A growing number of institutions are proposing a tuition freeze for 2019-2020, some have had a tuition freeze […]

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Teaching Capacity – Improve margins with no cost increase

Imagine being able to increase revenues without increasing the cost base! This topic is bound to create a lot of robust discussion, which is encouraged and it should be discussed. We are talking about understanding the capacity of the teaching environment so that schools maintain the optimum number of lecturers/teachers for the enrolled students. This […]

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