U.S. universities and colleges face an array of pressing challenges that require education leaders to act with unprecedented strategic clarity and vision in order to seize the opportunities that lie ahead, according to a new report released by The Boston Consulting Group (BCG).
In the "Five Trends to Watch in Higher Education" report, BCG has identified the five forces that are transforming U.S. higher-education institutions. They are:
1) Key sources of revenue are continuing to fall, putting many institutions at severe financial risk. 2) Demands are rising for a greater return on an investment in higher education. 3) Greater transparency about student outcomes is becoming the norm. 4) New business and delivery models are gaining traction. 5) The globalization of education is accelerating.
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