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Utilizing The Composite Financial Index As Strategic Financial Analysis For Measuring Financial Health And Student Success Rates Among Iowa Community Colleges, Dawn Ann Humburg Jan 2012

Utilizing The Composite Financial Index As Strategic Financial Analysis For Measuring Financial Health And Student Success Rates Among Iowa Community Colleges, Dawn Ann Humburg

Graduate Theses and Dissertations

ABSTRACT

The phrase "survival of the fittest" is coming to fruition in higher education today. Less than strategic financial moves have no place in post-secondary education. Facing the realities of our current economy is dictating major changes in how colleges are "doing business."

These changes present enormous challenges to community college administrators. Two of these challenges are meeting the demands of faculty associations and ever-increasing budgets for remedial education. A trend of waning state support is also exacerbating these challenges while major changes occurring at the legislative level have also intensified the need for extremely competent leaders--leaders with a much ...