SOUTHFIELD — As college and university administrators welcome students back to campus, Plante Moran, a national certified public accounting and business advisory firm with offices in Southfield, has released a 28-page report that explores some of key issues facing higher education administrators and others.
“No one has to tell higher education leaders that times are changing,” says Vicki VanDenBerg, Plante Moran practice leader for higher education. “Many institutions are struggling to control costs while maintaining enrollment. When student debt sits at an unprecedented $1 trillion, it is time to find ways to become more nimble and to change ‘business as usual.”
Plante Moran connected with the Higher Learning Commission, Central Michigan University, Oakland County Information Technology and Innovation Alliance to prepare the report.
“Institutions must look for innovative solutions to modify legacy costs or divest obsolete programs that are failing to provide strong performance measures,” VanDenBerg says. “True forward thinkers must look for alternative revenue streams and programs.”
To read the full report click here