Data from the National Student Clearinghouse Research Center (NSCRC) shows enrollment across all colleges fell 2.7 percent in the autumn of 2021 and 2.5 percent in 2020. The risk of these lower enrollment numbers is the waterfall effect these altered revenue projections have on financial planning across the entire institution. To plan, budget, and forecast in this new era of enrollment volatility, CFOs and other finance professionals at higher education institutions must be well-equipped with agile planning capabilities and tools.
