Acknowledgments Introduction John Y. Campbell and Kaye Husbands Fealing 1. The Ebbing Tide: How Will Higher Education Adapt to Demographic Change? Jacob L. Vigdor Comment: Francisca M. Antman 2. How Much Can Families Afford to Pay for College? Peter Hinrichs Comment: Phillip Levine 3. Predicting College Closures and Financial Distress Robert Kelchen, Dubravka Ritter, and Douglas A. Webber 4.

Endowment Spending Rules Christopher Avery, Ronald Ehrenberg, Catharine Hill, and Douglas A. Webber Comment: Jeffrey R. Brown 5. Economic Budgeting for Endowment-Dependent Universities John Y. Campbell, Jeremy C. Stein, and Alex A. Wu Comment: Antoinette Schoar 6. The Role of Debt in Financing Higher Education Matteo Binfarè and Kyle E.

Zimmerschied Comment: Daniel Bergstresser 7. Financing Community Colleges: Current Landscape and Future Directions Nikki Edgecombe, Elise Swanson, Thomas Brock, Maria Cormier, Christopher Avery, and Carmen Huynh 8. Distance to Opportunity: Higher Education Deserts and College Enrollment Choices Riley Acton, Kalena E. Cortes, and Camila Morales Comment: Zachary Bleemer 9. Examining the Effects of Tuition Reset Policies on Enrollment and Institutional Finances at Minority Serving Institutions James Dean Ward, Daniel Corral, and Catharine Hill Comment: Bridget Long Panel Discussion The Finances of a Public Flagship University Benjamin E. Hermalin Strategy-Centered Leadership and Financial Management Is Needed in Research Universities Robert A. Brown Financial Management Challenges in Higher Education Lisa M. Lynch Author Index Subject Index.