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Academic Leadership Journal

Abstract

Private higher education institutions have traditionally relied heavily on tuition revenues for their operation. Historically, these colleges have realized 80-90% of their operating revenue through tuition funding, making them reliant on their ability to attract and retain tuition-paying students (Gansemer-Topf & Schuh, 2006). This means that they are not only more tuition dependent than their public university counterparts (Summers, 2004), but that they must forecast expenditures and revenues with tremendous accuracy.

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