Many American universities are in financial trouble

My protégé and friend Jeff Denneen was recently featured prominently in The Economist article “The college-cost calamity“.

Drawing heavily on Jeff’s work at Bain & Co, the article takes a deep look at the unsustainable cost structures fundamental to America’s higher education system. e.g. long-term debt at not-for-profit universities in America has been growing at 12% a year.

An MBA from Goizueta, Jeff is a Partner at Bain & Co, and founded the consultancy’s Public Sector & Higher Education practice.


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