“Academic institutions expect stability,” says Timothy Snyder ’87, president of Loyola Marymount University in California. “When you do things like lay off staff or close down programs, internally the consequences of decisions like that can ring in negative ways for years to come. I think we could see a shakeout where some institutions that were already in trouble prior to this will fold,” he says. “More than that, we could see more integration of institutions, programmatically or through mergers. But higher education is still going to be the solution for a future that’s going to require more and more creativity, brainpower, and collaboration interdisciplinarily. What we need to do, as an industry, is be drawn toward and by that future.”
Source: Princeton Alumni Weekly
What’s Next for Higher Ed? Alumni Who Lead Colleges Reflect On An Extraordinary Year