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And with the threat of another recession looming, EAB has received requests for guidance on higher-education philanthropy amidst uncertain times. Indeed, during the 2008-2009 recession, giving fell along with the economy, and it took three years for philanthropy to start growing again.
Hard Times in HigherEducation We sometimes ask our guests about the hardest leadership challenge of their career and President Welch related this painful story: “In 2019, I got a call from the governor's office that Henderson State was facing serious financial challenges, and could the system step in an informal role?
Highereducation has long been regarded as a pathway to success and the “middle class,” promising personal and professional growth opportunities. Clark Kerr’s California Experiment exacerbated this in the 1960s, transforming highereducation in California and the United States.
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