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1. © 2016 Grant Thornton LLP | All rights reserved
that will shape higher education thinking + behavior
in 2016 and beyond
hard facts

2. © 2016 Grant Thornton LLP | All rights reserved
FACT #1
Your institution is on its own
Take decisive action.
Partner with faculty, consider affiliations ― change trajectory.
Get creative.
Innovate in finances, academics, promotion ― everything.
Target demographics.
Find out what's important to new groups ― and provide it.
Distinguish yourself.
Separate your institution from the distressed-college fold ―
begin with a realistic view of your situation.

3. © 2016 Grant Thornton LLP | All rights reserved
FACT #2
Opportunity abounds
Seize opportunities in student growth.
1. Demographic groups, such as Hispanic
2. Students in the West and South
3. Students outside your geographic reach
Create unique offerings, e.g., liberal arts + vocational objectives
Promote your uniqueness
Develop online or hybrid delivery systems

4. © 2016 Grant Thornton LLP | All rights reserved
FACT #2 cont.
Opportunity abounds
Leverage simplicity.
Focus on doing only a few things ― do them well.
Identify less-attractive programs ― reduce or eliminate them.
Explore new initiatives.
As revenue slowly grows, resist pressure to restore
budget reductions to low-priority expenses.
Instead, use the incremental revenue for innovation,
e.g., attracting new students, improving retention.

5. © 2016 Grant Thornton LLP | All rights reserved
FACT #3
This may be the decade of the
distressed college
Distinguish yourself.
Separate your institution from the distressed-college fold ―
begin with a realistic view of your situation.
Consult with key stakeholders to learn and gain their support.
Determine a projection based on your current course ― the
usual conclusion is that your current course is not sustainable.
Then think boldly about new paths consistent with your mission
― but possibly in sharply different ways.

6. © 2016 Grant Thornton LLP | All rights reserved
More insights, more details
Find more in our new release:
State of Higher Education in 2016
Keep track of 2016 trends in
higher education.