Financial Crisis Case Study

As everyone knows, Financial crisis having a tremendous impact on Brooklyn College, like other Cuny colleges. The main issue is that taxpayers are losing faith in higher education, with thought that it doesn’t benefit the public good and the money spent on higher education, it should be spent on the things that legislators believe to be a public good. This includes, but not limited to NY infrastructure, health care, K-12 education, etc. As a result of low state funding, CUNY colleges as well as other public organizations are affected by this financial problem on a nationwide scale. This financial issue creates higher tuition costs, no contracts for faculty and non-executive administrators, difficulty hiring new faculty because of lesser attractive …show more content…
Some possible solutions can include cutting certain curriculums or bigger the classes. Bigger classes can cut costs, and can gain profit for college, stick to the courses which are needed for major education rather than elective classes which aren’t usable in degree related workforce. For example, why must students who major in English or finance take certain classes that are considered as pointless since they don’t apply to that major for instance classes like speech, sociology, art, music, history, etc. In my opinion, those classes are a waste of time and money, I am not saying that those classes are not important I believe that if I majored in something then I should take only subjects which are part of that curriculum. The second possible solution as of my thinking, is to provide more online classes and by doing so it concurrently opens up many rooms to be available on campus which means that more classes and sections can be offered which means more cash circulation for the