May 8, 2021

Anthology adds predictive tool to support university financial decisions

The higher education software and advising company Anthology announced this week changes to its academic economics tool, which now uses predictive analytics to help universities make critical financial decisions in the wake of the coronavirus pandemic.

The announcement arrives after undergraduate enrollment fell about 5% this spring, and even before the pandemic colleges and universities were anticipating a decline in enrollment from high-school graduates.

“They want to be able to make informed decisions about how to operate efficiently and educate effectively,” Monika Arntz, Anthology’s product manager of analytics, told EdScoop. “Part of that is looking at if we are to change some tuition rates or financial aid rates or faculty coverage rates, how will that impact our ability to serve our students, but at the same time let us operate more efficiently?”