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June 21, 2023 18 mins

Today’s colleges and universities are facing an unprecedented array of challenges and threats due to declining enrollment, funding struggles and quickly evolving technology—not to mention conversations surrounding the rising student debt crisis. 

How should higher education institutions react to all the internal and external pressures? 

In this episode of The Wrap, Lee Parks, CPA, and Rick Blanton, CPA, join our hosts to break down some of the current challenges facing the higher education industry and how to develop plans to overcome them in the future.

In this episode, you’ll hear: 

  • How the traditional college student is changing and affecting everything from enrollment numbers to online learning abilities
  • Advice for budgeting now that stimulus money and emergency tax credits are drying up
  • How some higher education institutions are reaching out to other industries to align educational standards and goals
  • The importance of a risk assessment and how colleges and universities can get started protecting student and institutional data

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