SUBSCRIBE
SUBSCRIBE
EXPLORE +
  • About infoDOCKET
  • Academic Libraries on LJ
  • Research on LJ
  • News on LJ
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Libraries
    • Academic Libraries
    • Government Libraries
    • National Libraries
    • Public Libraries
  • Companies (Publishers/Vendors)
    • EBSCO
    • Elsevier
    • Ex Libris
    • Frontiers
    • Gale
    • PLOS
    • Scholastic
  • New Resources
    • Dashboards
    • Data Files
    • Digital Collections
    • Digital Preservation
    • Interactive Tools
    • Maps
    • Other
    • Podcasts
    • Productivity
  • New Research
    • Conference Presentations
    • Journal Articles
    • Lecture
    • New Issue
    • Reports
  • Topics
    • Archives & Special Collections
    • Associations & Organizations
    • Awards
    • Funding
    • Interviews
    • Jobs
    • Management & Leadership
    • News
    • Patrons & Users
    • Preservation
    • Profiles
    • Publishing
    • Roundup
    • Scholarly Communications
      • Open Access

August 5, 2020 by Gary Price

Research Resource: U.S. College and University Financial Fitness Tracker (Database and Analysis)

August 5, 2020 by Gary Price

From The Hechinger Report:

Dozens of colleges and universities nationwide started 2020 already under financial stress. They’d spent the past decade grappling with declining enrollments and weakening support from state governments.

 

Now, with the added pressures of the coronavirus pandemic, the fabric of American higher education has become even more strained: The prospect of lower revenues has already forced some schools to slash budgets and could lead to waves of closings, Bitcoin buyer experts and researchers say.

To examine how institutions were positioned to respond to such a crisis, The Hechinger Report created a Financial Fitness Tracker that put the nation’s public institutions and four-year nonprofit colleges and universities through a financial stress test, examining key metrics including enrollment, tuition revenue, public funding and endowment health.

Schools faring the worst in these areas — meaning that they are projected to dip under the 20th percentile in a particular category — are marked with warning signs in the tracker. A total of 2,662 schools were included in the analysis, and 2,264 had enough data to be evaluated in every category. All data predates the pandemic.

Our analysis of the stress test results found:

 
  • Nationwide, more than 500 colleges and universities show warning signs in two or more metrics.
  • The problems were not evenly spread among states. Combined, Ohio and Illinois have more than 10 percent of all the institutions potentially facing trouble. Ohio has 36 institutions with two or more warning signs. Illinois has 26.
  • Roughly 1,360 colleges and universities have seen declines in first-year fall enrollment since 2009, including about 800 four-year institutions.
  • Nearly 30 percent of all four-year schools brought in less tuition revenue per student in 2017-18 than in 2009-10.
  • About 700 public campuses received less in state and local appropriations in 2017-18 than in 2009-10, and about 190 private four-year institutions saw the size of their endowments fall relative to their costs.

Read the Complete Analysis Article (approx. 2800 words)

Direct to Financial Fitness Tracker

Direct to Financial Fitness Tracker Methodology

Filed under: Data Files, Funding, News

SHARE:

About Gary Price

Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.

ADVERTISEMENT

Archives

Job Zone

ADVERTISEMENT

Related Infodocket Posts

Government Publishing Office (GPO) Director Intends to Adopt Task Force Recommendation on a Digital Federal Depository Library Program...

From the FDLP/GPO: The U.S. Government Publishing Office (GPO) Director Hugh Nathanial Halpern has responded to the Feasibility of a Digital Federal Depository Library Program: Report of the GPO Director’s ...

AP: "Boston Symphony Orchestra Plan to Digitize John Williams Concerts Almost Complete"

From the Associated Press: An effort to digitize more than 200 Boston Pops radio broadcasts conducted by John Williams from 1979 until 1991 is almost complete, the Boston Symphony Orchestra ...

Louisiana: "AG Releases Report on 'Sexually-Explicit' Content in Public Libraries"

UPDATE (Feb. 8): We’ve added a link to a statement by the Louisiana Library Association at the bottom of this post. From the Lafayette Daily Advertiser: Louisiana Attorney General Jeff ...

Minnesota: Over St. Paul Mayor’s Objections, Hamline-Midway Library Added to National Register of Historic Places; Wisconsin: Interim Vice...

Association of American Publishers (AAP) Announces Finalists And Category Winners For 2023 PROSE Awards Minnesota: Over St. Paul Mayor’s Objections, Hamline-Midway Library Added to National Register of Historic Places National ...

Collections: JSTOR is Introducing a New Archive Fee Model Option

From a Letter by Ithaka President Kevin Guthrie: I recently shared the 2023 priorities ITHAKA has set to help provide the infrastructure the academic community needs to support research, teaching, and learning ...

Funding: HathiTrust Receives 5-Year, $1 Million Grant From Mellon Foundation

Here’s the Full Text of HathiTrust Announcement: HathiTrust, a member-based organization hosted by the University of Michigan, has received a 5-year, $1 million grant from the Mellon Foundation to fund ...

Library as Publisher: "UMass Amherst Libraries Announce Publication of Open-Access Peregrine Falcon Curriculum

From UMass Amherst Libraries (Full Text): The University of Massachusetts Amherst Libraries are pleased to announce the publication of The UMass Amherst Libraries Falcon Curriculum: An Open Source, Common Core PreK-12 ...

Report From Annenberg/UPenn: "Americans Don’t Understand What Companies Can Do With Their Personal Data — and That’s a...

From the Annenberg School of Communications/U. of Pennsylvania: In a new report, “Americans Can’t Consent to Companies’ Use of Their Data,” researchers asked a nationally representative group of more than ...

Fast Company: "Study: Over 50% of Academics Admit to Pirating Research Papers"

From Fast Company: More than 50% of academics have used piracy websites like Sci-Hub in order to bypass paywalls for research they want to access, according to a recent study published in ...

AI Models Spit Out Photos of Real People and Copyrighted Images; New Web Archives from Columbia University Libraries...

AI Models Spit Out Photos of Real People and Copyrighted Images (via MIT Technology Review) California: Orange Unified School District Reinstates Digital Library After Parent Concerns (via Voice of OC) ...

Journal Article: "Libraries Advancing Health Equity: A Literature Review"

The article linked below (full-text) was recently published Reference Services Review. Title Libraries Advancing Health Equity: A Literature Review Authors Amanda J. Wilson National Library of Medicine Catherine Staley National ...

Chicago Sun-Times Editorial Board: "As Libraries Turn the Page on Bookmobiles, Something is Lost"

From the Chicago Sun-Times Editorial Board: Anyone who has spent time on a bookmobile has learned enough to know nothing withstands the change of time. Still, we lament the slow ...

ADVERTISEMENT

FOLLOW US ON TWITTER

Tweets by infoDOCKET

ADVERTISEMENT

This coverage is free for all visitors. Your support makes this possible.

This coverage is free for all visitors. Your support makes this possible.

Primary Sidebar

  • News
  • Reviews+
  • Technology
  • Programs+
  • Design
  • Leadership
  • People
  • COVID-19
  • Advocacy
  • Opinion
  • INFOdocket
  • Job Zone

Reviews+

  • Booklists
  • Prepub Alert
  • Book Pulse
  • Media
  • Readers' Advisory
  • Self-Published Books
  • Review Submissions
  • Review for LJ

Awards

  • Library of the Year
  • Librarian of the Year
  • Movers & Shakers 2022
  • Paralibrarian of the Year
  • Best Small Library
  • Marketer of the Year
  • All Awards Guidelines
  • Community Impact Prize

Resources

  • LJ Index/Star Libraries
  • Research
  • White Papers / Case Studies

Events & PD

  • Online Courses
  • In-Person Events
  • Virtual Events
  • Webcasts
  • About Us
  • Contact Us
  • Advertise
  • Subscribe
  • Media Inquiries
  • Newsletter Sign Up
  • Submit Features/News
  • Data Privacy
  • Terms of Use
  • Terms of Sale
  • FAQs
  • Careers at MSI


© 2023 Library Journal. All rights reserved.


© 2022 Library Journal. All rights reserved.