BKD Releases Annual Higher Education Outlook for 2022
NATIONAL OFFICE – With many issues facing the higher education industry, including declining enrollment, demographic changes, state funding, pandemic impact and more, it is critical institutions find ways to move forward and adopt a financially sustainable business model. To help colleges and universities tackle current and future challenges, BKD CPAs & Advisors has released its 2022 Annual Higher Education Outlook, a document that breaks down the state of the industry.
“It’s a challenging time for higher education,” said Nick Wallace, a BKD director and creator of the outlook. “That’s why we decided it was important to create a resource that would accumulate and organize the issues institutions are facing, but more importantly offer solutions, tools and critical financial indicators schools can use moving forward.”
The outlook provides ideas, tools and strategies to help equip institutions with the resources and knowledge needed to navigate this challenging environment. The observations and solutions included in the outlook are designed to help campuses develop a strategy for their future and focus on actions that can effectively catch traction and result in sustainability.
Download BKD’s 2022 Annual Higher Education Outlook at bkd.com/HigherEdOutlook to discover the innovative steps institutions nationwide are taking to find financial sustainability and better serve students.