State of Facilities in Higher Education

The State of Facilities in Higher Education

03/30/20

Colleges and universities today face a future inconsistent with continued expansion, a reality only made clearer by current events. Swollen campus footprints and unstable tuition revenues are endangering many institutions’ hopes of avoiding risk, serving their missions to the fullest and educating students for the foreseeable future. Both existing and emerging threats place facilities strategies at the leading edge of higher education’s race to confront perhaps its greatest challenge in generations.

This year’s State of Facilities report explores how the climate around higher education has been changing over the last decade. In order to confront the shifting paradigm, institutional leadership will increasingly need to embrace the idea that effective stewardship of existing campus facilities should also progress long term strategic ambitions. Campuses that skillfully use capital planning to balance facilities resources with realistic future goals, while finding opportunities to optimize facilities expenditures and footprints, will weather the coming storm best.

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