An increasing number of higher education institutions in the United States are now financially unsustainable and debt-ridden according to a new report that surveyed almost 2,000 private and public schools from consulting company Bain & Co. and Sterling Partners, a US-based private-equity firm.
University debt in the US is increasing annually at 12 per cent per year with the report attributing gross financial mismanagement and a lack of sustainable business models as two damaging factors. Continue reading “Engineering change in US higher education through public/private partnerships”
