Fiscal Fitness: Higher Education Must Be Run Like a Business - Robert L. Breuder, Huffington Post

As a president of three different community colleges for the past 34 years, I have received my share of criticism from traditional educators for referring to educational institutions as "businesses." With more competition than ever, however, including for-profit and online universities, it is essential that colleges operate with a budget-based perspective. Money in the bank means the ability to weather storms and seize/create opportunities. Over the past four years, College of DuPage has added 60-plus certificates and degrees that keep up with workplace trends so our students leave with a credential in hand that will allow them to earn an enhanced income. We must be steadfast in our commitment to financial solvency and stability. If we are not entrepreneurial, decisive, visionary and (responsible) risk takers, we must be willing to suffer the inevitable consequences that are generated by a lack of courage, conviction and leadership. http://www.huffingtonpost.com/dr-robert-l-breuder/fiscal-fitness-higher-edu_b_6349604.html