The May/June issue of Trusteeship focuses on the trustee's role in the new realities of a changing global economy. Cover story A Stay-Rich View of the New Global Economy, tackles the implications of economic shifts on an institution's strategic planning. How Boards and Presidents Influence Credit Ratings highlights the individual influence presidents and trustees have on their institution's finances and Five Keys to Unlocking the Value of Your Board further examines the value of a diverse board.
Public instituions have had to evolve in the light of recent financial changes to state appropriations. Financial Self-Sufficiency and the Public University examines how one institution has successfully raised private funds and the role of the board in fund raising. Trusteeship also examines the new online net price calculator required by the government and its role in financial-aid in What is the Net Price Calculator? Why Do Boards Need to Know About It?
The global economy is undergoing significant structural changes. What are the implications for a college or university's long-term planning, investment strategies, and many other strategic issues of concern to boards? Experts from AGB's Foundation Leadership Forum weigh in.
Alice P. Gast and Daniel E. Smith
Trustees bring a variety of experience, wisdom, and achievements to their work on higher-education boards. Lehigh University has identified five ways to tap into those strengths and make the board an increasingly valuable asset.
Especially in an environment of limited resources, the ways that colleges are governed and managed are major determinants of their credit ratings. What specific factors does a leading provider of such ratings look for in a board and its operations?
As state appropriations per student have dropped, public universities have moved toward reliance on other sources of support. The former president of the University of Virginia describes his institution's experience in successfully raising private funds and how boards can play a vital role.
The federal government will soon require higher-education institutions to post a calculator on their Web sites to help students estimate what they will have to pay for college. That new requirement gives boards an opportunity to ensure their institution's financial-aid policies align with its mission.
Most board members and the people who work at the institutions they serve speak in a common tongue, but that is not enough to assure good communication across the differences that divide them. Good interpreters listen to both sides deeply and help boards for the better.
For the forseeable future, colleges and universities confront a statutory and regulator regime that encourages disability discrimination claims.
A president's governing board, along with the general counsel of the corporation and the university, can be helpful in thinking through the checks and balances that might be appropriate when potential conflicts arise.
The board chair's main interest is in the strength of the entire institution. Chynoweth discusses the common challenges board chairs, new and experienced alike, must tackle.
The top five agenda items for public and independent boards, based on a recent AGB survey.
The 2008 reauthorization of the Higher Education Opportunity Act and the rules that accompanied it in 2009 and 2010 have given significantly more authority to the federal government in academic decision making. Judith Eaton, president of the Council for Higher Education Accreditation (CHEA), tells boards why they should be concerned.
Listen to a podcast of Judith Eaton discussing this topic.
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