The Reality of Trade-Offs
In Chapter 5 of the course text (McClellan & Stringer, 2009), Schuh suggests there are a number of factors influencing the financial health of institutions that may lead to extensive risks for both students and institutions. Zachry and Coghlan (2010) describe how institutions seek out and allocate resources in support of student success. The institutions described in their study all employed some external funding, including their Lumina-funded Achieving the Dream grant, to achieve their goals. In this week’s Discussion, consider what an institution without external funding might do to accomplish some of the reforms of the Achieving the Dream initiative.