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
Abstract
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
Suggested Citation: Suggested Citation
Pavlov, Oleg V. and Katsamakas, Evangelos, Financial Sustainability of Colleges as Complex Service Systems (July 25, 2019). Worcester Polytechnic Institute Department of Social Science and Policy Studies (SSPS) Working Paper No. 2019-001, Available at SSRN: https://ssrn.com/abstract=3426594 or http://dx.doi.org/10.2139/ssrn.3426594
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