Gray Insights

Gray Insights

Optimizing Faculty Resources: Seven Key Questions for Strategic Growth

Making strategic decisions about faculty hiring can be challenging, but asking the right questions can ease the process and help avoid costly mistakes. Consider key factors like enrollment trends, instructional costs, course overlap, and institutional priorities. By leveraging data on student credit hours, faculty workloads, and departmental costs, institutions can make informed choices that balance academic needs with financial sustainability. A thoughtful, data-informed approach can streamline faculty management and support long-term success.

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February 11, 2025
Gray Insights

The Fiscal Fitness Formula for Colleges: Enrollment, Efficiency, and Margin Growth

Fiscal fitness isn’t just about balancing budgets—it’s about ensuring long-term sustainability and student success. With enrollment growth rebounding and greater opportunities to improve efficiency, institutions have a prime opportunity to strengthen their financial health. Targeted enrollment strategies, smarter resource allocation, and academic efficiencies can drive operating margins without resorting to program cuts. Now is the time to rethink investments in marketing, retention, and faculty workloads to build a stronger, more resilient institution.

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February 4, 2025
Gray Insights

Gray DI’s Winning Formula: Identifying the Next Big Academic Program Trends

Explore how emerging academic programs are shaping the future of education, as Gray DI reflects on past predictions and their impact. From the transformative rise of Applied AI and the Creator Economy to the evolving fields of Disinformation Intelligence, Space Commercialization, and Cellular Agriculture, this exploration highlights successes, challenges, and unexpected shifts. Gain insights into how institutions can adapt to innovation, embrace new opportunities, and position themselves at the forefront of change in a dynamic educational landscape.

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December 12, 2024
Gray Insights

Stop Cutting Programs: A Smarter Approach to Cost Reduction in Higher Education

Facing financial challenges? You’re not alone. Many institutions are struggling to increase revenue and reduce costs, and traditional cost-cutting measures like program cuts often do more harm than good. These cuts fail to consider the complex web of revenue generators and resources within an institution. By gaining a deep understanding of program economics, colleges and universities can identify hidden opportunities for growth, optimize faculty workload, and make strategic adjustments that ensure long-term financial sustainability.

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December 3, 2024
Gray Insights

Unlocking Collaboration: Why Data Literacy is Key to Strategic Program Planning in Higher Education

In a world full of data, higher education institutions must turn information into meaningful decisions. Data literacy among leaders is key to moving beyond subjective opinions and creating evidence-based strategies for academic program planning. Equipping stakeholders to analyze, interpret, and communicate data, fostering transparency, and cultivating a data-informed culture enable smarter decisions, enhanced collaboration, and sustainable growth. Discover how data literacy transforms program evaluation into a strategic advantage that meets student needs and adapts to changing demands.

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November 19, 2024
Gray Insights

What Does it Really Mean to Cut a Program?

When financial pressures rise, colleges and universities often consider cutting academic programs to balance budgets—but is this truly effective? Cutting a program can seem like an easy solution, yet the financial impact is complex, with potential enrollment and revenue losses that may outweigh the savings. Explore the nuanced economics of program cuts, using a real-world example to reveal how revenue, costs, and contribution margins intersect. Discover why a data-informed approach to evaluating program economics is crucial for making strategic, sustainable budget decisions.

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November 5, 2024
Gray Insights

Benchmarking for Financial Vitality in Higher Education: Beyond Cost-Cutting

Meeting the financial and educational demands of higher education today requires a careful balance of efficiency and quality. Benchmarking data enables institutions to make informed decisions that optimize costs, foster growth, and ensure student success. By analyzing cost per student credit hour, identifying growth opportunities, and implementing targeted cost reductions, higher education leaders can position their institutions for a sustainable future, supporting both fiscal health and educational excellence.

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October 31, 2024
Gray Insights

Maximize Your Faculty Resources

Discover how thoughtful faculty allocation can unlock greater efficiency and elevate student success. By comparing Contemporary University’s current faculty distribution with industry benchmarks, we uncover ways to redeploy full-time faculty across course levels, optimizing cost-per-student-credit-hour and boosting outcomes. Discover how benchmarking data can drive strategic, student-centered resource planning for impactful results.

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October 29, 2024
Gray Insights

The Data Whisperers: Translating Complex Data into Actionable Insights

Institutional Researchers (IR) have the unique ability to transform complex datasets into actionable insights that drive decisions across institutions. However, the key to their success lies in effective communication and data visualization, ensuring that stakeholders can easily grasp and engage with the information. Discover how clear, compelling storytelling and well-crafted visualizations can bridge the gap between raw data and informed action. From practical tips on data storytelling to the power of visualization, these insights will help you unlock the full potential of your institution’s data.

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October 22, 2024
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