UE Higher Education Members Identify Top Risks: Risk Management Premium Credit Survey Results 2018-2019
Why Read This
United Educators’ Risk Management Premium Credit (RMPC) program allows eligible members to receive a credit toward their premium by completing a set of risk management activities, including a risk survey about their most pressing risk management concerns. This comparison of top risks has been created from responses, provided by nearly 470 higher ed member institutions, to the 2018-2019 premium year survey.
Use this comparison to start discussions about identifying your institution’s most pressing risks.
- Admissions and retention were the top risk, with members citing several reasons including declining enrollment, changing student demographics, and decreasing student retention.
- Funding was the second-most common risk, with members citing several reasons including lacking funding or financial support, needing more grant funding, and declining alumni support.
- Operational pressures were associated with the third-most common risk, with members citing several reasons including budgeting poorly, allocating resources improperly, and facing long-term debt.