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Showing posts with the label college budgets

Considering Economies of Scale In Louisiana's Higher Education Budgets

Economies of scale can be applicable to higher education as it is to the business world. Improving economies of scale is result of finding value through increased production. In the higher education world economies of scale could mean a number of different things depending if you are looking at a single higher education institution or a statewide system. The need to take a better look at economies of scale are becoming apparent in places like Louisiana that have a projected $300 million shortfall this year. A few ideas have been thrown around amongst legislators and each will debated soon as they scramble to make the numbers work. The debate cannot be complete without a discussion of economies of scale that discover new efficiencies while pushing for higher levels of value. A laundry list of rough ideas can spark thought on which ideas may or may not be beneficial as states struggle with budgeting criteria. Consolidate Degrees: Consolidate less popular degrees into larger degrees t