Competitive, media, and political pressures on our major revenue source – tuition – continue to escalate while demands for enhancing our academic and support programs, which require additional expenditures, remain unabated. There are many signals in the market and the media that we – everyone in our sector, including Wooster – need to discipline our future published price increases. The challenge in front of us is to develop a sustainable balanced budget, one that works with smaller annual increases in both our published price and net price inclusive of financial aid than those to which we have been accustomed. Our planning initiatives this year will focus on resource allocation and developing a sustainable budget for the College.
Submit a Sustainable Budget Idea
[thank you for submitting nearly 200 ideas. To view the list, visit our Strategic Planning wiki]