Skip to content
ADVERTISEMENT
Sign In
  • Sections
    • News
    • Advice
    • The Review
  • Topics
    • Data
    • Diversity, Equity, & Inclusion
    • Finance & Operations
    • International
    • Leadership & Governance
    • Teaching & Learning
    • Scholarship & Research
    • Student Success
    • Technology
    • Transitions
    • The Workplace
  • Magazine
    • Current Issue
    • Special Issues
    • Podcast: College Matters from The Chronicle
  • Newsletters
  • Events
    • Virtual Events
    • Chronicle On-The-Road
    • Professional Development
  • Ask Chron
  • Store
    • Featured Products
    • Reports
    • Data
    • Collections
    • Back Issues
  • Jobs
    • Find a Job
    • Post a Job
    • Professional Development
    • Career Resources
    • Virtual Career Fair
  • More
  • Sections
    • News
    • Advice
    • The Review
  • Topics
    • Data
    • Diversity, Equity, & Inclusion
    • Finance & Operations
    • International
    • Leadership & Governance
    • Teaching & Learning
    • Scholarship & Research
    • Student Success
    • Technology
    • Transitions
    • The Workplace
  • Magazine
    • Current Issue
    • Special Issues
    • Podcast: College Matters from The Chronicle
  • Newsletters
  • Events
    • Virtual Events
    • Chronicle On-The-Road
    • Professional Development
  • Ask Chron
  • Store
    • Featured Products
    • Reports
    • Data
    • Collections
    • Back Issues
  • Jobs
    • Find a Job
    • Post a Job
    • Professional Development
    • Career Resources
    • Virtual Career Fair
    Upcoming Events:
    College Advising
    Serving Higher Ed
    Chronicle Festival 2025
Sign In
News

4 Deans Share the Best Advice They Have Received About Budgets

By Ian Wilhelm August 7, 2019
Deans Roundtable - Best Advice
Play Now

Higher education faces a host of financial challenges. Public investment in colleges and universities is shaky. Tuition revenue is softening. And the costs of labor and facilities continue to rise. Such problems helped trigger the decision by Moody’s Investors Service to downgrade its outlook for higher education from stable to negative two years ago.

To continue reading for FREE, please sign in.

Sign In

Or subscribe now to read with unlimited access for as low as $10/month.

Don’t have an account? Sign up now.

A free account provides you access to a limited number of free articles each month, plus newsletters, job postings, salary data, and exclusive store discounts.

Sign Up

Deans Roundtable - Best Advice
Play Now

Higher education faces a host of financial challenges. Public investment in colleges and universities is shaky. Tuition revenue is softening. And the costs of labor and facilities continue to rise. Such problems helped trigger the decision by Moody’s Investors Service to downgrade its outlook for higher education from stable to negative two years ago.

Deans are often in the hot seat when it comes to those challenges. They must expand academic programs while keeping spending low. They must advocate for faculty budget requests while constantly explaining the fiscal realities to professors. They must be entrepreneurial in how they increase revenue and trim overhead while preserving the core mission of their college or division.

To explore how deans have managed those issues, The Chronicle organized a panel of experts — Anne McPhatter, dean of the School of Social Work at Morgan State University; Gregory F. Ball, dean of the College of Behavioral and Social Sciences at the University of Maryland at College Park; Catherine M. Wehlburg, dean of the School of Sciences, Mathematics, and Education at Marymount University; and Peter Starr, dean of the College of Arts and Sciences at American University — at our office, in Washington, D.C.

The talk covered the financial pressures their colleges face, the lingering impacts of the Great Recession, how they set priorities given current constraints, tips for finding efficiencies, and views on emerging budget models.

To download a report on the discussion, click here. Click on the video link to learn what each of them considers to be the best advice they were ever given about budgets.

Ian Wilhelm edits coverage of international issues and other topics. Follow him on Twitter @ianwilhelm, or email him at ian.wilhelm@chronicle.com.

We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.
Tags
Finance & Operations
Share
  • Twitter
  • LinkedIn
  • Facebook
  • Email
Wilhelm_Ian.jpg
About the Author
Ian Wilhelm
Ian Wilhelm is a deputy managing editor at The Chronicle.
ADVERTISEMENT
ADVERTISEMENT

More News

University of California, Berkeley chancellor Dr. Rich Lyons, testifies at a Congressional hearing on antisemitism, in Washington, D.C., U.S., on July 15, 2025. It is the latest in a series of House hearings on antisemitism at the university level, one that critics claim is a convenient way for Republicans to punish universities they consider too liberal or progressive, thereby undermining responses to hate speech and hate crimes. (Photo by Allison Bailey/NurPhoto via AP)
Another Congressional Hearing
3 College Presidents Went to Congress. Here’s What They Talked About.
Tufts University student from Turkey, Rumeysa Ozturk, who was arrested by immigration agents while walking along a street in a Boston suburb, talks to reporters on arriving back in Boston, Saturday, May 10, 2025, a day after she was released from a Louisiana immigration detention center on the orders of a federal judge. (AP Photo/Rodrique Ngowi)
Law & Policy
Homeland Security Agents Detail Run-Up to High-Profile Arrests of Pro-Palestinian Scholars
Photo illustration of a donation jar turned on it's side, with coins spilling out.
Financial aid
The End of Unlimited Grad-School Loans Could Leave Some Colleges and Students in the Lurch
Brad Wolverton
Newsroom leadership
The Chronicle of Higher Education Names Brad Wolverton as Editor

From The Review

Illustration of an ocean tide shaped like Donald Trump about to wash away sandcastles shaped like a college campus.
The Review | Essay
Why Universities Are So Powerless in Their Fight Against Trump
By Jason Owen-Smith
Photo-based illustration of a closeup of a pencil meshed with a circuit bosrd
The Review | Essay
How Are Students Really Using AI?
By Derek O'Connell
John T. Scopes as he stood before the judges stand and was sentenced, July 2025.
The Review | Essay
100 Years Ago, the Scopes Monkey Trial Discovered Academic Freedom
By John K. Wilson

Upcoming Events

07-31-Turbulent-Workday_assets v2_Plain.png
Keeping Your Institution Moving Forward in Turbulent Times
Ascendium_Housing_Plain.png
What It Really Takes to Serve Students’ Basic Needs: Housing
Lead With Insight
  • Explore Content
    • Latest News
    • Newsletters
    • Letters
    • Free Reports and Guides
    • Professional Development
    • Events
    • Chronicle Store
    • Chronicle Intelligence
    • Jobs in Higher Education
    • Post a Job
  • Know The Chronicle
    • About Us
    • Vision, Mission, Values
    • DEI at The Chronicle
    • Write for Us
    • Work at The Chronicle
    • Our Reporting Process
    • Advertise With Us
    • Brand Studio
    • Accessibility Statement
  • Account and Access
    • Manage Your Account
    • Manage Newsletters
    • Individual Subscriptions
    • Group and Institutional Access
    • Subscription & Account FAQ
  • Get Support
    • Contact Us
    • Reprints & Permissions
    • User Agreement
    • Terms and Conditions
    • Privacy Policy
    • California Privacy Policy
    • Do Not Sell My Personal Information
1255 23rd Street, N.W. Washington, D.C. 20037
© 2025 The Chronicle of Higher Education
The Chronicle of Higher Education is academe’s most trusted resource for independent journalism, career development, and forward-looking intelligence. Our readers lead, teach, learn, and innovate with insights from The Chronicle.
Follow Us
  • twitter
  • instagram
  • youtube
  • facebook
  • linkedin