Last week, I discussed some of the environmental aspects of working in U.S. higher education that ought to be considered by foreign academics. Today I have some links to information that is relevant to both foreign and U.S. audiences:
First, if you already work for a U.S. college or university, especially a small one, check out my recent essay in Inside Higher Ed on how to identify whether your employer is heading for unrecoverable failure. Colleges and universities don’t fall off of a cliff overnight; many exhibit danger signs for years. Faculty should pay attention to these signs if they want to preserve their careers — but frequently they don’t.
Second, Moody’s Investors Service reported that one-third of small private colleges in the USA had operating budget deficits in fiscal year 2016, up from one-fifth in 2013.
Third, this story in The New York Times discusses the bleak financial outlook for many colleges and universities in the USA, both private and public.