Description
Book SynopsisProvides an insightful analysis of the market stresses that threaten the viability of some of America's colleges and universities while delivering a powerful predictive tool to measure an institution's risk of closure. In The College Stress Test, Robert Zemsky, Susan Shaman, and Susan Campbell Baldridge present readers with a full, frank, and informed discussion about college and university closures. Drawing on the massive institutional data set available from IPEDS (the Integrated Postsecondary Education Data System), they build a stress test for estimating the market viability of more than 2,800 undergraduate institutions. They examine four key variablesnew student enrollments, net cash price, student retention, and major external fundingto gauge whether an institution is potentially at risk of considering closure or merging with another school. They also assess student body demographics to see which students are commonly served by institutions experiencing market stress. The book'
Trade ReviewThe timely volume,
The College Stress Test, provides a framework for colleges to review their institutional health.
—Aviva Legatt,
ForbesTable of ContentsAcknowledgments
Prologue. Is It Closing Time?
Chapter 1. Threat, Reassurance, and Grief
Chapter 2. A Winner's Market
Chapter 3. A Calculus for Risk
Chapter 4. The Distribution of Risk
Chapter 5. Winners and Losers
Chapter 6. Those Who Are Bound to Struggle
Chapter 7. Changing the Slope
Appendixes
A. Risk Index Workbook for Institutional Analysts
B. On Squaring the Circle
C. A Note on Verification
References
Index
