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April 5, 2017
Tevye and FASB

“It doesn’t mean a thing, but even so, after twenty-five years; it’s nice to know.” The words from the song, “Do you Love Me?” are sung by Tevye and his dear wife Golda in “Fiddler on the Roof” as they grapple with yet another generation of would-be husbands and wives, each testing tradition in uncomfortable […]

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November 15, 2016
The Gremlin, The Pacer, The Matador and Benchmarking

For the 1975 model year, AMC succeeded in offering what are considered three of the ugliest cars ever offered in America. The Gremlin looked like they started with a Hornet but ran out of money at the rear window. The Pacer seemed as wide as it was long and its meager air conditioning treated occupants […]

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July 13, 2015
There is a Right Way to do a Turnaround

The headlines tell the tale of another university that is dealing with hard times.  This time, it's a public here in Ohio. https://www.ohio.com/article/20150710/NEWS/307109063 As many of you know, my firm, CFO Colleague, consults with a variety of higher education institutions, with one of the larger projects being turnarounds.  We are in the midst of turnaround number […]

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June 30, 2015
Athletics and recruitment strategies – thoughts to consider

In a day of reduced student demand, a number of colleges have turned to their athletic programs to help fill a portion of excess capacity.  The idea is that an additional student paying anything is better than no student at all. At the outset, let me say that this strategy can be helpful within the […]

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April 12, 2015
Updating the list of exemplary characteristics

After publishing a list of twenty characteristics that are common to healthy institutions, some conversations have ensued with various clients, asking about other components.  Tuition discounting has been the most popular.  So, here is a list updated to 25 characteristics.  See how you are doing in comparison with these standards: Annual net tuition per traditional […]

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