24. Innovative Approaches to Cost Reduction: A Conversation with James Shulman

In this conversation, Dr. Gregor Thuswaldner and Dr. James Shulman, VP and COO of the American Council of Learned Societies (ACLS) and author of the book "The Synthetic University" (Princeton UP) discuss the pressing challenges facing higher education, particularly the financial pressures and the need for collaboration among institutions. Dr. Shulman emphasizes the importance of provosts in addressing cost issues and fostering a culture of collaboration while navigating the complexities of institutional autonomy. He introduces the concept of the 'synthetic university' as a framework for innovative solutions and collective action in higher education. Dr. Shulman shares insights from his book and highlights successful case studies that demonstrate the potential for collaboration to enhance educational quality and efficiency. Takeaways The challenge of controlling costs in higher education is significant and multifaceted. Provosts play a crucial role in managing financial pressures and fostering collaboration. Redundancies in higher education can be beneficial, but unnecessary duplications should be streamlined. External partnerships can provide valuable solutions to institutional challenges. The concept of the 'synthetic university' encourages innovative and collaborative solutions.