Week #1 Assignment: Express Economic Needs of Leaders in Higher Education
In a reflective paper, describe your previous and newfound knowledge of current funding mechanisms used to support higher education. Reflect on the following questions:
· Do the factors identified in the Commonfund Report explain the rising costs in higher education? If not, determine what other factors must be considered in colleges’ financial planning?
· What trends do you see in current funding and expenditure patterns and what do you believe will be their implications for higher education?
· What predictions can you make regarding the budgetary needs of higher education leadership?
Length: 3-5 pages, not including the title and reference pages
References: Include a minimum of four scholarly resources.