Strategies To Get The Regulators Off Your Back
Photo by Maarten van den Heuvel on Unsplash
With the howl and cry about impending regulations, past hurts, and overwhelming burdens set upon proprietary schools, I say enough is enough; it’s time to prepare. Title IV funding could end, the well could run dry, and it could be abrupt. It is prudent for proprietary schools to plan for Title IV to diminish or expect to get hammered in some fashion in the next two to three years. In my view, schools should explore alternatives to Title IV funding-trough before it is too late.
There are ways to get the regulators off your back by securing alternative funding pools. But, there is another strategy that can decrease your school’s need to secure alternate funding sources (such as you local Savings and Loan).
You are most likely aware of the operational discipline known as Lean Management. It’s fascinating stuff, especially if you work within the Enrollment Management space. After this quick history lesson, you’ll see why.