Markets in Focus

Higher Education

Q3 2022

Markets in Focus  |  Education Higher Education Q3 2022

Over the past few years, events such as COVID-19 have shaken the foundations of higher education; as we look to 2023 and beyond, higher education leaders recognize challenges including the changing face of the student body, the job function of faculty and what a campus of the future could look like.¹ Leaders in this industry are being pushed to reconsider the assumptions and traditions of the past.¹

Similar to other industries, higher education is being impacted by effects of raging inflation.² College endowments saw phenomenal returns during 2021 as most major equity markets had very strong years, but, per a recent endowment study by the National Association of College and University Business Officers³, investment managers predict that rising inflation will be a long-term challenge for colleges.²

In this edition:

+ 2H Outlook

+ Major Claims in the Sector

+ Guidance


1 The Trends Report 2022 (
2 Here’s How Rising Inflation Is Affecting Higher Ed (
3 2021 NACUBO-TIAA Study of Endowments