Overcoming the Economic Crisis in Faith-Based Colleges
Jeff Spear (https://www.linkedin.com/in/jeff-spear-4911a02/), Principal Founder of CFO Colleague (https://cfocolleague.com/), shares his expertise on the financial health of biblical higher education. With over 25 years of experience as a CFO for fai...
Biblical Higher Ed Talk · ABHE
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Show Notes
Jeff Spear, Principal Founder of CFO Colleague, shares his expertise on the financial health of biblical higher education.
With over 25 years of experience as a CFO for faith-based institutions, Jeff offers a sobering analysis of the current challenges facing Christian colleges, including declining enrollment, financial mismanagement, and the need for strategic pivots. He highlights the role of clear value propositions, sustainable budgeting, and local church partnerships in overcoming these hurdles.
Jeff’s insights are a must-listen for leaders navigating the complexities of institutional sustainability.
Join us as we discuss:
[5:34] Influencing factors in the epidemic of school closings
[12:16] Schools failing to deliver on their value proposition
[22:02] Pivoting strategies to align with students’ expectations
[27:15] Three actionable steps for schools with financial woes
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