As both public and private sources of revenue in higher education are being cut back and downsized, church related colleges are finding their survival depends on new, freshly designed programs.
The Chronicle of Higher Education (May 9) reports that across the country, religious colleges are stepping up efforts to stay afloat in troubled economic times. Leaders recognize that their situations are unique in higher education. Some donors contribute only if the designated funds go toward secular programs and gifts, such as computers.
Other contributors will open their checkbooks only for proposed new or existing religious education programs. Campus leaders find some potential donors point out that if everyone believes God truly provides, then God will provide without accelerated fund raising programs.
(The Chronicle of Higher Education, 1255 Twenty Third Street N.W.Washington,D.C. 20037)
— By Erling Jorstad, RW contributing editor.