Perspectives in higher education

In an increasingly dynamic and complex environment, higher education institutions face a growing number of challenges. The political and public perceptions of the industry, changes in research funding, declines in international students studying in the United States, and evolving compliance requirements are just a few of the issues that institutions face. To address these challenges, colleges and universities are prioritizing transparent plans and disciplined budgets while balancing their core missions of education, research and public service with financial, regulatory, market and competitive realities.

In this edition of Perspectives in Higher Education, we highlight those matters, as well as several others. Ranging from industry-leading practices around artificial intelligence and cybersecurity to changes within accreditation practices, institutions are strategizing the most advantageous ways to handle each of these topics. Additionally, we highlight key views on college athletics as well as thoughts when contemplating a merger or acquisition.

Changes within the higher education industry will not slow in the future. Those institutions that respond decisively can be in a position of strength, while those that maintain the status quo may struggle to achieve their goals. Establishing a culture where transformation is encouraged by management and the governing board, with input from around the campus, can be a critical component in short- and long-term strategic success.

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Christopher Cox

National Higher Education Assurance leader, PwC US

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