"College financial leaders, always on the lookout for ways to decrease institutional spending, have good reason to act with more urgency these days, with Congress looking over their shoulders and the economic picture souring," Inside Higher Ed reports. "But the survey also concludes that colleges tend to go about cutting costs without a larger strategic plan, and that many don't document their work or communicate their intentions to the public. More than 8 in 10 officials surveyed said cost containment is a 'very' or 'extremely' important issue, and three in four reported being satisfied with their colleges' efforts to achieve cost savings."

You can read the complete April 1, 2008 Inside Higher Ed article on-line.

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