Financial Sustainability of Colleges as Complex Service Systems
Worcester Polytechnic Institute Department of Social Science and Policy Studies (SSPS) Working Paper No. 2019-001
35 Pages Posted: 29 Jul 2019
Date Written: July 25, 2019
This article analyzes the long-term financial sustainability of small tuition-based colleges in the context of rapid and accelerating transformation caused by demographic changes in the undergraduate student market.
Keywords: service systems; computational model; service dynamics; higher education; higher education strategy; small colleges; financial sustainability, systems thinking; system dynamics; simulation
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