HE Challenges: How some colleges are filling the revenue gap

In the third blog in our series on higher education challenges (rising costs, declining completion rates), exploring how innovative colleges and universities are addressing them, we’ll look at funding.

To clarify: I’m not referring to private colleges, which are necessarily defined as “for profit”, or indeed the growing class of online for-profit educational resources. I’ll look specifically at the non-profit college sector that must increasingly seek out non‐governmental sources of revenue either to replace lost or inadequate funding or to acquire support for new research initiatives, programs, equipment, buildings, staff, and student assistance.

Why the need for extra funds in the first place?

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