This month our review of 2020 focuses on our largest category: Compliance/Regulatory & Legal events.
Several years ago, we noticed an uptick in this category and this trend has continued. You may have seen articles on the regulatory burden impacting higher education and what can be done to alleviate this costly burden on institutions. Occasionally, some legislative body will study the topic and make recommendations; however, we've yet to see this translate into an actual reduction of the requirements we face. Honestly, we see nothing on the horizon that would give any hope of a reduction in the near or far future.
When we break down the topics in this category, we see this as our top 5:
While we see no reduction in the regulatory burden ahead, we can point out three areas where we expect substantial changes. We don't anticipate these changes will do anything but add to the burden institutions face, and they will be important to follow in the months ahead.
First, we believe we will see more changes to Title IX interpretations and expectations. Second, we can confidently state that changes to NCAA compliance will occur when the Supreme Court rules in a case regarding NIL (name, image, and likeness). We discussed these in a prior issue of Case in Point. Lastly, we expect additional regulations and changes regarding foreign influence. We suggest you begin paying particular attention to these three areas, and we will attempt to help navigate any regulatory changes in Case in Point as they evolve.
Compliance issues can be overwhelming, yet they are but one component of the risks we face each day in higher education. With that said, we again invite you to review the issues from the prior month with a view toward proactively managing risks. As always, we welcome your comments and suggestions.
Read this month's issue of Case In Point
Last Updated: January 22, 2020
