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Economic Conditions in Higher Education: A Survey of College CFO’s

July 6, 2011

Economic Conditions in Higher Education: A Survey of College CFO’s

Personnel and Budget Outlook: A Minority Reports Belt-Tightening

Many institutions, especially public ones, were preparing salary freezes. Few colleges reported that hiring freezes were likely.

By Jeffrey Brainard

View complete survey results

Note: Percentages are rounded and so may not add up to 100 percent.
Source: Chronicle, Moody’s Investors Service

MORE ON THE SURVEY

The Economic Outlook: A Minority Is More Optimistic

Chief financial officers tended to be somewhat more optimistic about the financial outlook for their institutions than for the economy in general.

The Search for Savings: Faculty Productivity Under Scrutiny

The one strategy that CFO’s would pick to cut costs or raise more revenue, if they did not have to worry about the consequences among constituents.

Personnel and Budget Outlook: A Minority Reports Belt-Tightening

Many institutions, especially public ones, were preparing salary freezes. Few colleges reported that hiring freezes were likely.

Few Finance Chiefs Are Optimistic in Face of Slow Recovery

Declining federal support and concerns about the ability to raise tuition were major concerns among all the CFO’s who participated in the survey.

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