"APPA Thought Leaders Report 2013, Part 2, The Rising Cost of Higher Education"
Author: Various Authors
Published In: Facilities Manager
Date: November/December 2013
Section III: Colleges in crisis – a summation, Section IV: Top issues in higher education facilities
Section III: "Private colleges are racing to the bottom
with discounts and an “arms race” of luxury spending because they cannot meet their revenue targets. They are in a spend-or-die situation. The latest Moody’s Report calls this situation "a failed business model" and notes that the number of domestic high school graduates peaked in 2007-08."
Section IV: Nine top issues and strategies to address them.