This statement summarizes TIAA-CREF's service to the higher education and research communities, and addresses the company's appreciation for the financial challenges faced by its client institutions. These remarks identify four primary areas where institutions are challenged: 1) making higher education accessible and affordable; 2) building and maintaining a quality faculty; 3) utilizing technology to deliver learning faster and less expensively; and 4) strengthening collaboration between government, the higher education community and business.
The statement concludes with a call for more research into such issues as funding retiree health insurance, the impact of plan design on retirement preparedness, and understanding faculty attitudes that shape decisions regarding career transitions.
