Colleges on the Brink: The Case for Financial Exigency [Hardcover]

Colleges on the Brinkis about the financial crises many colleges are facing in the post-pandemic era and how they can be resolved. The tools described require changing how colleges spend money while still maintaining core academic values. Ambrose and Nietzel discuss the conditions involving financial exigency and other major budget overhauls, and they outline how to maximize the likelihood institutions can regain financial health. The challenge these colleges face is to come back from the brink and become leaner, financially stable institutions, ready to provide the education students need.

Charles M. Ambroseis senior consultant for higher education strategy with Husch Blackwell. Hes served as a university president, chancellor and CEO at Pfeiffer University, University of Central Missouri, the KnowledgeWorks Foundation, and Henderson State University. Hes held senior positions at Carson-Newman College, Western Carolina University, and the American Association of State Colleges and Universities. He also serves on Furman Universitys Board of Trustees.

Michael Nietzelis the former president of Missouri State University. Prior to that, he was Dean of the Graduate School and Provost at the University of Kentucky. After retirement from Missouri State, Nietzel served as senior policy advisor to Missouri Governor Jay Nixon and was later Deputy Director of the Missouri Department of Mental Health. Since 2019, hes been a Senior Contributor to Forbes online, writing on higher education.

This is the right book at the right time to provide a planning guide for academic leaders at colleges facing financial uncertainty. Nietzel and Ambrose combine experience as university presidents with a clear logic to considering sound data and values to make good decisions about mission and resources in the post-covid college era. Their engaging writing style and institutional analyses create a gyroscope for colleges whose presidents and professionalslÃ.