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tag: Great Recession

Blog Post
August 31, 2022

The Importance and Risks of Institutional Borrowing

New Report with TIAA Institute

While student loan debt has ballooned to over $1.7 trillion, institutional debt, or money colleges and universities borrow as organizations, is frequently overlooked as a significant factor in higher education finance. With support from the TIAA Institute, Ithaka S+R examined institutional borrowing practices. Specifically, we examined how periods of crisis and financial strain impact the decision to borrow. In the newly released study, we identified institutional characteristics linked to growth in debt levels during the 2008 Great Recession…
Research Report
August 30, 2022

Borrowing During a Time of Crisis

Examining Institutional Debt During the Great Recession and COVID-19

Although a great deal of attention is paid to student debt, colleges and universities have increased their institutional debt substantially over the past several decades. Institutional borrowing is an important tool colleges can use to meet strategic goals. However, when unchecked or done irresponsibly, institutional debts can undercut a college’s ability to adequately serve students. Ithaka S+R conducted a mixed methods study, with the generous support of the TIAA Institute, to better understand how institutional borrowing decisions are made during…