“As we look


further on, we may have an opportunity to remake higher education through


regulatory changes.”


are looking at various models of performance-based funding systems. While the new incentive compensation rule might have led observers to assume such an idea–like paying professors as a function of how many students they teach–was a nonstarter, the Department’s Dear Colleague


10 10 JULY/AUG 2012 • TODAYSCAMPUS.COM


Letter (GEN 11-05 (March 17, 2011)) explicitly allows institu- tions to compensate professors as a faction of the class size. While performance-based fund- ing models may not be for every institution, it is important that the Department did not preclude this option.


Creative schools can still use


innovation to help stabilize and improve their finances. Online consortia–akin to ground-based consortia–hold great promise for schools to partner with one another to share services and classes. Such models, which create scale in the provision of services,


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44