Shift Summit 2021 Opening Keynote | The Surprising Root Cause Behind the Top Three Higher Ed Challenges of 2021
Higher ed leaders face a three-headed monster: Enrollment declines, softening retention rates and the debt without degree crisis. While these three challenges may seem disconnected, there is a common thread tying them to one another and to higher ed’s future: Financial friction. A complex financial journey, slow processing times and a lack of automation and personalization join forces to frustrate financial aid pros and keep students from earning their degrees. And stale solutions simply can’t be trusted to combat a monster that has intensified over time. The only appropriate response is a new one: Student Financial Success. Join a panel of higher ed experts at Shift Summit’s inaugural session to dissect and discuss the statistics and questions that will determine the industry’s future. The session will explore five numbers that underscore the importance of the Student Financial Success model and three key principles that every institution needs to unlock to ensure long-term success.