The Forum | Finance

The State of Higher Education Finances in 2021


The spread of COVID-19 and the resulting economic fallout have placed unprecedented financial strain on the higher education system. Enrollment is in flux, state higher education budgets are under increased pressure, and institutions face ballooning costs associated with virus management. While emergency federal funding has helped to fill some of the gap, the outlook for higher education finances in 2021 remains grim.

This event convenes experts to discuss the financial challenges that lay ahead for the higher education system, the potential for increasing college closures, and policy solutions to mitigate the fallout.

Featured Participants

Armand Alacbay
Vice President of Trustee and Government Affairs, American Council of Trustees and Alumni

Robert Kelchen
Associate Professor of Higher Education, Seton Hall University

Nadrea R Njoku
Senior Research Associate, UNCF

Belle S. Wheelan
President and CEO, Southern Association of Colleges and Schools Commission on Colleges

In light of restrictions related to the COVID-19 pandemic, BPC events have shifted to all remote formats, such as video teleconferences or calls.


Launched in 1995, we are the only organization that works with alumni, donors, trustees, and education leaders across the United States to support liberal arts education, uphold high academic standards, safeguard the free exchange of ideas on campus, and ensure that the next generation receives an intellectually rich, high-quality college education at an affordable price.

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