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Special Report: What every higher education board member should know about college and university business officers

Consider this: colleges and universities are confronting declining enrollments and escalating costs while national student debt is staggering and many are questioning whether college is worth it. Are college and university board members appropriately engaged in this potential industry crisis? They should be. Those who sit on a higher education institution’s board have a legal duty to uphold the mission of providing a quality education, and to make sure they are fully informed about both the state of higher education and their institution. One important way to be proactive in fulfilling this responsibility is to be independently informed by discovering how the individuals in the trenches – the college and university business officers – view the financial stability of their institutions.