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FOCUS ON THE PRESIDENCY

Volume 34,  Number 3   //    May/June 2026

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Redesigning College Affordability as a Co-Investment System

Why boards must move beyond subsidies by redesigning affordability to strengthen completion, sustainability talent, and civic contributions.

By Philomena V. Mantella

College affordability is often treated as an operational concern—managed through financial aid packaging, tuition discounting, or fundraising initiatives. But for governing boards, affordability is something more consequential: a design decision with long-term implications for institutional sustainability, student success, and public trust.


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Philomena V. Mantella

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