Numerous challenges face colleges and universities today. Many research institutions are dependent upon the federal government for funding, and the federal budget is facing severe deficits. Massive campuses require constant maintenance and improvements, and online servers providing for ever-increasing online studetns are expensive. Competition for studetns is growing, as states cut funding to their postsecondary institutions. Discuss one of these or other challenges and how accounting might be used to capture data and assist.
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