Cash Defines Survival: Cash Is King!

While demographic, technological and industry changes have been pressuring schools for a decade now, the pandemic has forced many schools into weakened financial positions, especially as it relates to cash available to support operations. Examining IPEDS data from a select group of private not-for-profit institutions between 2015 and 2019, we put forth three major arguments:

1. That the ability of many schools and colleges to cover both direct and indirect expenses through their main revenu...