WARWICK, R.I. – After years of shaping policy at Rhode Island’s Office of Management and Budget,
Christoph Demers brought his financial expertise to the Community College of Rhode
Island. As CCRI’s Chief Financial Officer and a lifelong product of public education,
he approaches his role with a clear philosophy: Sustainable finances are what ultimately
protect student access and affordability.
Demers is tasked with keeping the college on solid footing amid enrollment shifts
and broader higher education headwinds. For him, budgets represent institutional priorities,
ensuring resources flow directly to teaching, student support, and major initiatives
like the proposed Workforce Innovation Center.
In this edition of Thinkers, Doers & Achievers, Knight Knowledge spoke with Demers to learn more about his career, the nuances of
working in finance, and more.
Knight Knowledge: You joined CCRI after a successful career at the State’s budget office. What drew
you to CCRI, and what has surprised or impressed you most about the college since
you arrived?
Demers: I’ve spent my career in public service, most recently as Chief Budget and Policy
Analyst at Rhode Island’s Office of Management and Budget, and before that in Vermont.
I’m also a product of the public education system, from kindergarten through graduate
school. What drew me here was the mission. CCRI keeps higher education affordable
and open to everyone, and it serves the whole state. After years working on statewide
budgets, where the impact can feel a step removed, the chance to do finance work that
directly benefits Rhode Islanders really appealed to me.
What’s impressed me most is the people. Faculty and staff here have been generous
with their time and insight, and they keep students and the college’s mission at the
center of every conversation.
Knight Knowledge: Many people think of finance as budgets and spreadsheets, but your work has a direct
impact on students. How does the work of your office help support student success?
Demers: Budgets are really about priorities. The budgets we manage might be tracked in spreadsheets,
but they represent faculty, advisors, labs and, more generally, the affordability
that makes credentials and degrees achievable in the first place. So even the spreadsheets
are, at the end of the day, about students. My office can help keep the college on
solid footing and help position it for the future. When budgeting, spending, and long-term
financial planning are in line with the college’s mission and strategic priorities,
we can hold tuition down and put resources toward teaching, student support, and reinvestment.
Knight Knowledge: CCRI has several major initiatives underway, including campus modernization projects,
technology investments, and the proposed Workforce Innovation Center. Which project
or initiative are you most excited about, and why do you believe it will make a difference
for Rhode Island?
Demers: They all matter, but I’ll go with the Workforce Innovation Center. It’s part of the
bond package going to voters in November, and if approved, it would expand CCRI’s
capacity to train Rhode Islanders for careers in high demand fields, like advanced
manufacturing, trades, IT and cybersecurity, transportation and logistics, clean energy,
and other emerging sectors.
What I like about it is how directly it connects to people’s lives. I can picture
the student who walks into the new building, learns new skills, gets a credential,
and walks out into a good job. That’s really exciting.
Knight Knowledge: As CFO, you're responsible for balancing the college's financial health with its
mission of affordability and access. How do you approach that challenge, particularly
at a time when higher education is facing significant financial pressures?
Demers: I don’t see financial health and affordability and access as competing goals. A college
that isn’t financially healthy can’t keep tuition low and can’t give students the
support they need. So, in the long run, sustainable finances are what protect affordability
and access.
But the pressures are real. Enrollment is down from where it was before the pandemic,
and the demographic projections for the Northeast over the next ten years are challenging.
In this environment, it’s so important that financial decisions are guided by the
college’s mission. The finance team’s job is to make sure we have effective financial
systems in place and a clear understanding of where we stand financially. That allows
the college to make and execute forward-looking decisions. The way I see it, the finance
team is here to help the college stay strong so it can keep creating opportunities
for all Rhode Islanders.
Knight Knowledge: When you're not developing budgets for financial reports, what do you enjoy doing
outside of work?
Demers: Wait — there’s a world outside of financial reporting?
I’m a big fan of trying new things and learning about the world. I recently built
a web app for planning the kind of independent, local-focused trips I like to take
with my family, and I’ll be testing it out on trips across New England this summer.