Cutting Academic Costs and Improving Curricular Efficiency
If You Must, Here’s How
COVID-19 will require deep cost cuts at many colleges, or they simply won’t survive. It is unpleasant, even disturbing work. But like all work, it can be done well or badly, quickly or slowly. Bad cuts unnecessarily damage the mission and people. Bad cuts drag on and undermine morale and confidence in leadership. They are usually the result of short-sighted thinking, incomplete or erroneous information and data, bad information, and lack of courage. Good cuts use sound data and robust, fast processes to create a leaner, financially sustainable, mission-centered institution. Here’s how.