New Book: Small College Guide to Financial Health: Weathering Turbulent Times

Now SCUPers can connect on Facebook and on LinkedIn.

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NACUBO calls this new book "A book to counter choppy economic waters": "In NACUBO’s new book, Small College Guide to Financial Health: Weathering Turbulent Times, author Michael K. Townsley offers advice on remaining alert to the financial and strategic resources institutions need to withstand economic volatility. This excerpt explains the natural resilience of the basic business model for private institutions, while suggesting other options that may add value—including multinational initiatives and their benefits and risks . . . Leaders need to think through exactly what the college expects to do, how it will be done, what obstacles will be encountered, what the benefits and costs are, and what information is needed to prepare a due diligence report effectively. Some private institutions conceive that establishing a foreign campus is similar to finding the lost city of gold sought by the Spanish conquistadors."