February 24, 2023
How These HBCU Presidents Fixed Their Colleges’ Financial Futures
Post-pandemic, colleges nationwide are facing an imperative: Change trajectory. Enrollment is down and falling, and Pew’s 2023 Parenting in America survey found that only 41% of parents say it’s important for their children to have a college degree – down from 94% in 2012. Even before COVID-19, smaller colleges from Green Mountain to Mount Ida already were closing or being bought out by larger institutions that wanted campus real estate but not their professors or students.