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This Week In College Viability: A Special Conversation with a Small, Private College CFO
Manage episode 504279625 series 3526900
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I talk about college finances and colleges spinning their numbers regularly. This is the first time I have had a CFO (interim) come onto the podcast to share the stark reality of the financial challenges at a specfic college - Albright College (PA).
Larry Bomback has been the interim CFO since late 2024. Albright College has been in the news about its financial plight for many months.
In this special podcast episode, Larry addresses the challenges and adds details of the recovery plan put in place by the new leadership team at Albright.
Some will question the logic and likelihood of the recovery plan, but Larry addresses the challenges head-on and without apology.
His approach is rare in today's higher education market.
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