Education Economics Commons^™

Turning Around Small, Private, Tuition Dependent Colleges: How Boards Of Trustees Impact Decline And Turnaround, Michael Bills

Antioch University Full-Text Dissertations & Theses

Even before the COVID-19 Pandemic, higher education has been facing unprecedented threats to existing business models. Small, private colleges heavily dependent on tuition revenue are particularly at risk. These at-risk small, private colleges need to make significant changes if they are to stave off decline and turn themselves around. Most of the literature on turnarounds of colleges and universities is focused primarily on the president, and is largely the reminiscences of former presidents. The board of trustees, however, is the ultimate governing authority of a college/university. If an at-risk institution needs to change in order to survive, the board must …