This week rising college senior Mary McGrath hits Gary with some tougher questions. Of course, each question is addressed to students and their families.
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1) How are colleges using alternative revenue streams (e.g., online courses, partnerships with industry) to improve financial health?
2) How do colleges decide which academic programs to expand, maintain, or cut?
3) What factors might influence a college’s decision to increase/decrease its tuition?
4) How do colleges balance tuition increases with the need to remain affordable for students and families?
5) Are colleges adapting their financial strategies in response to demographic shifts such as declining high school graduates or changes in student demographics?
6) Are there specific support systems in place for faculty and staff in the event of a sudden college closure?
7) Do college closures have any economic impact on the communities they reside in?
8) Is there a specific amount of time that institutions are required to give students and faculty before officially closing?
Episode 5