by Stephen T. Beers, Timothy W. Hermann, & Paul Blezien
Guidance and encouragement for higher educational leaders facing the question of the sustainability of the current financial model.
Just a few years into the twenty-first century, higher educational leaders face unanticipated and unparalleled financial challenges. Federal and state support dwindles while universities suffer from negative growth projections and anemic endowments. The costs of "doing business" in private higher education continue to rise sharply, with the average "consumer" struggling to pay even discounted tuition. Educational leaders face the question of the sustainability of the current financial model.
This book guides and encourages a conversation that is critical for private colleges and universities. It is organized into three sections. Section One, "Gaining a Vantage Point," includes a literature search reviewing decision-making processes in the light of complex financial pressures, then reports on a qualitative research project completed for this book surveying senior level executives of private higher educational institutions from across the U.S. Section Two, "Understanding Higher Educational Finances," provides a "primer" on higher education's budgeting nomenclature and processes. Section Three, "Preparing for Change," focuses on vital leadership principles for navigating change and includes a list of the critical issues facing educational leaders as they look to the future.
Stephen T. Beers (EdD, Ball State University) serves as Vice President for Student Development, Athletics, and Facilities at John Brown University. Previously he served at Taylor University and Northwestern College (Iowa). Steve is currently serving a two-year term as president of the Association for Christians in Student Development. His publications include The Soul of a Christian University: A Field Guide for Educators (2009).
Paul Bliezen (EdD, Azusa Pacific University) serves as Senior Vice President of William Jessup University. He has also served at Northwestern College and the University of Wisconsin, while also serving as an adjunct instructor in graduate education at Geneva College, Azusa Pacific University, and the University of Sioux Falls.
Timothy W. Herrmann (PhD, Indiana State) is Associate Professor of Higher Education and Chair of the Master of Arts in Higher Education program at Taylor University. He recently co-authored A Parent's Guide to the Christian College. He is a former president of the Association for Christians in Student Development and serves as co-editor for Growth: The Journal of the Association for Christians in Student Development.
Dimensions (inches): 8.5 x 5.5
Weight (pounds): 0.55