Tuesday, March 21, 2017

UMUC Unbundling - Carl Straumsheim, Inside Higher Ed

The University of Maryland University College is tearing itself apart -- on purpose. The university, which gets nearly all of its funding from tuition revenue, has long relied on enrolling large numbers of students associated with the military for financial stability. After an enrollment dip earlier this decade, however, UMUC has begun a process of unbundling, paring the institution down to what President Javier Miyares calls its “academic core” to monetize its own services, grow its endowment and keep tuition rates low. “We believe that if you look at higher education, there is a core -- what you teach, who teaches it and how we teach it,” Miyares said in an interview. “That is the existential, essential core of the university. Everything else are business processes that do not have to be run in the traditional way within the university.” https://www.insidehighered.com/news/2017/03/21/u-maryland-university-college-pursues-strategy-unbundling

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