by Jarrett Carter, Education Dive
A survey conducted by Inside Higher Ed found a majority of college business officials agree higher education is in financial crisis, with a bleak outlook for the next 10 years. More than 80% of business officers believe institutions must be more innovative and cost-conscious about academic offerings. More than half of survey respondents indicated faculty do not play a significant role in major budgeting decisions.
http://www.educationdive.com/news/survey-college-business-officers-say-higher-ed-in-crisis/422779/
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