By Dennis Cariello. Despite, or perhaps, because of, the higher education boom in the years immediately following the Great Recession, colleges and universities are now facing increased financial pressures.  Enrollments are down by nearly one million students from 2012 levels.  These decreases in enrollment have not only hurt everyone’s bottom line, but institutions are now subsidizing students that do enroll at exceedingly high levels.  Add in the disruptions caused by innovations in the delivery of education and the financial constraints accompanying capital projects undertaken when times were good, it is unsurprising that analysts such as Bain & Company report that, over 60 percent of institutions are on an “unsustainable financial path” or at financial risk. More...