Interest in higher education soared in 2020 largely because of speculation about the impacts of the coronavirus pandemic on American colleges. That interest was met with a crop of excellent books about several higher ed topics, with an emphasis – not surprisingly – on business models and admission practices. Here are ten of the year’s best.
The College Stress Test by Robert Zemsky, Susan Shaman, and Susan Campbell presents a “stress test” for estimating universities’ financial health. Four variables are proposed —new student enrollments, net price, student retention, and external funding—to assess risks of institutional closures or mergers. The authors include a methodology (using IPEDS data) to calculate a given institution’s level of risk….