<p>According to Lumina Foundation, with enrollment dropping steadily and the majority of costs fixed, colleges and universities are currently spending $50B a year on space, services, and personnel they don't need, says Lumina CFO Brad Kelsheimer.</p>

According to Lumina Foundation, with enrollment dropping steadily and the majority of costs fixed, colleges and universities are currently spending $50B a year on space, services, and personnel they don't need, says Lumina CFO Brad Kelsheimer.

Higher Ed Spends $50B/Year On...Empty Space??

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Higher Ed Spends $50B/Year On...Empty Space??

Higher Ed Spends $50B/Year On...Empty Space??