Lynne Schaefer, vice president for finance and administration, was interviewed by The Business Officer in an article about the limited availability of public funds for higher education.
The article recognizes UMBC as a best value university and discusses Maryland’s push for affordable higher education. Five years ago, Maryland had the eighth highest tuition in the country. Now, the state has the 26th highest tuition in the nation.
Schaefer calls for public institutions to constantly focus on value, saying, “…we, as higher education institutions, really need to look at ourselves in the mirror and make sure we can say we are effective and efficient and delivering value for the investment by taxpayers.”
To read the entire article on The Business Officer, click here.
