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Higher education institutions face a confluence of external and internal challenges.
PwC’s higher education practice is built to help address the opportunities and challenges faced by higher education institutions today. With dedicated professionals working with colleges and universities across the nation, PwC assists our higher education clients in identifying opportunities to increase accountability, transparency, and help to transform to align resources to support their missions.
Opportunity and challenge focus areas for higher education
PwC believes there are four business imperatives facing higher education institutions today:
Affordability
Rising tuition levels have already exacerbated student debt levels, making it difficult to continue to increase tuition. This in addition to existing administrative inefficiencies and the need to update technology, is leading institutions to look for ways to streamline.
Innovation
As the pace of change increases, higher education finds itself needing to move faster to remain on the cutting edge, including business transformation enabled through technology (ERPs) and are considering strategies around research, growth and new education models.
Demonstrate value
Increasing access to data analytics is creating opportunity to measure return on investment and demonstrate value in academic compliance and resource optimization.
Risk mitigation
The public is focused on safety and security more than ever, particularly on campuses. Institutions find themselves needing to demonstrate that they are getting ahead of these risks.
PwC is your trusted advisor
- Over 1700 professionals across the nation servicing colleges and universities, with 100+ dedicated to higher education
- Work with 10 of the top 15 private medical schools1
- Serve 9 of the top 10 highly endowed universities1
- Serve top public university systems
Citations
1 PwC client list and US News & World Reports (2023)
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