An established Boston professional, Ari Betof (Ed.D.) leads Organizational Sustainability Consulting, LLC, and works collaboratively with board members and leaders of independent membership organizations and colleges. In a recent Medium article, Dr. Ari Betof described his experience attending the New Jersey Association of Independent Schools (NJAIS) Finance Officers Conference and taking part in the “Doing Business in an Increasingly Competitive Marketplace” panel.
One aspect of the discussion was on ways in which independent schools can better respond to dynamic market pressures. A core foundation is the concept that private colleges and independent schools benefit from existing within a free market system.
At the same time, antitrust law training is a major concern, with a focus on preventing price fixing within competitive markets. In early 2018, the Justice Department initiated investigation on whether federal antitrust law had been violated by the National Association for College Admission Counseling.
The renewed focus by antitrust authorities on colleges raises awareness about issues created when leaders across institutions discuss topics such as financial aid packages and tuition rates. Without proper training, trustees and employees can engage in “well-intentioned grassroots data collection initiatives” that bring them and the larger institution into conflict with antitrust laws.