Colleges on the Brink: The Case for Financial Exigency

Colleges on the Brink is about the financial crises many colleges are facing in the post-pandemic era and how they can be resolved. The tools described require changing how colleges spend money while still maintaining core academic values. Ambrose and Nietzel discuss the conditions involving financial exigency and other major budget overhauls, and they outline how to maximize the likelihood institutions can regain financial health. The challenge these colleges face is to come back from the brink and become leaner, financially stable institutions, ready to provide the education students need.