Colleges Get Creative to Fill Revenue Gaps

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Declining enrollments are leading some colleges to look for new ways to boost revenue.

The Indicator, a podcast produced by NPR’s Planet Money team, recently shared a few of the more innovative approaches.

Did you know:

  • Forty-eight colleges have licensed their schools’ logos for use on caskets.
  • At least one university rents out its dorms on Airbnb during the summer months.
  • Collectively, US colleges and universities have added 41,446 new degree or certificate programs since 2012 — a strategy experts say is at least in part due to a desire to increase revenues.

Listen to the full podcast and share your thoughts in the comment section below.

Admitted writer/editor Mary Stegmeir welcomes additional comments and story ideas at mstegmeir@nacacnet.org.