Main Nav

Build Your Boat Before the Flood: Contigency Planning in Higher Education

Tuesday, January 1, 2002

Abstract

In the current economic environment, the need for contingency planning is clear. Craig Aase and Gary Krueger began todevelop a financial crisis plan for Macalester College inthe summer of 2000, well before recession was a given. Tocapture the effects of a recession on the college's finances,they analyzed 25 years of Macalester's financial data toassess the relationship of institutional revenues—endowendowment, tuition and fees, and gifts—to the nation's gross domestic product (GDP) and the level of the Dow JonesIndustrial Average. Their work focused largely on theeffects of GDP and the Dow during the recessions of theearly 1980s and early 1990s and enabled them to forecastthe college's net revenues based on various recession scenarios.

Download This Resource

Tags from the Community

Share This

Close
Close


Annual Conference
October 15–18, 2013
Save the date!

Events for all Levels and Interests

Whether you're looking for a conference to attend face-to-face to connect with peers, or for an online event for team professional development, see what's upcoming.

Close

EDUCAUSE Institute
Leadership/Management Programs
Explore More

Career Center

Leadership and Management Programs

EDUCAUSE Institute
Advanced Programs
Project Management

 

Fellowships and Awards

Fellowships
Awards Programs

Getting Involved

Mentoring
Volunteer
Speak at an Event

 

 

Jump Start Your Career Growth

Explore EDUCAUSE professional development opportunities that match your career aspirations and desired level of time investment through our interactive online guide.

 

Close
Close

Get on the Higher Ed IT Map

Employees of EDUCAUSE member institutions and organizations are invited to create individual profiles.
 

 

Close

2013 Strategic Priorities

  • Connected Learning
  • Enterprise IT
  • Foundations


Learn More >

Uncommon Thinking for the Common Good™

EDUCAUSE is the foremost community of higher education IT leaders and professionals.