"According to the new research, colleges reported saving only 2 percent on average so far. That might increase to 2.2 percent when all is said and done, though, because of cuts the colleges are still making. That's pretty close to the low-end "base case" of savings consultants gave colleges, of 2.6 percent in savings, but a long way from the best-case scenario of 4 percent.while colleges may enjoy working with consultants to diagnose their problems, the consultants’ recommendations end up being fairly similar. ...


'There’s a playbook, so to speak, for this,' he said.


Still, he did not find a college that lost money using a consultant, only colleges that saved much less than the best-case scenario."