Nazareth College of Rochester is unveiling a plan to reduce the cost of college by restructuring academic programs and making better use existing resources.
The plan, announced by Nazareth president Daan Braveman on Tuesday, is designed to keep the college affordable and accessible for its students.
Braveman noted public demand for affordable higher education led to the creation of the plan.
“While I do not believe we need any more government regulations, in my view President Obama rightfully called on colleges to focus more seriously on affordability and access,” Braveman said. “For many years, higher education operated under what one commentator called the ‘law of more.’ If we wanted more revenue, we enrolled substantially more students and imposed large tuition increases. Those days are over.”
The plan is the result of a yearlong study by faculty and staff committees that analyzed each of the college’s academic and administrative programs. Braveman said it will play out over the remainder of the decade as the college looks for innovative ways to re-deploy resources and restructure academic programs and administrative services.
In the plan, Nazareth will enter into more collaborations with local colleges and reduce its operative expenses, allowing it to add to its financial aid budget.
Braveman noted that after being recognized by the Princeton Review for its quality and by the Higher Education Community Service Honor Roll for its commitment to service, Nazareth has a duty to be a leader in the community.
“We now have an opportunity take a proactive role in re-envisioning our structure and resources to ensure that for many years to come students will have affordable access to the college’s high quality and innovative educational experiences,” he said.
(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email firstname.lastname@example.org.