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From West Virginia University’s planned cuts to address a $45 million budget shortfall to the share of colleges expecting to add online programs, here are the top-line figures from the week’s biggest stories.
By the numbers
68%
The share of surveyed chief online officers who say they’ve used monetary incentives to encourage faculty to build online courses. A smaller share, 55%, said they’ve offered remote work to instructors to prompt them to teach online.
169
The number of faculty positions West Virginia University is looking to eliminate. The public flagship recently unveiled a proposal for heavy cuts to address its $45 million budget deficit, including plans to shed 20 graduate-level programs and 12 undergraduate majors.
$13.5 million
The amount the University of Chicago has agreed to pay to settle a lawsuit alleging that it engaged in a price-fixing scheme with over a dozen other top-ranked colleges to lower financial aid offers. University of Chicago is the only institution named in the lawsuit that has settled so far.
90
The days of notice employees of Alderson Broaddus University say they were promised before their employment was terminated. Now that the Baptist-affiliated university is set to close, an employee-led lawsuit alleges officials didn’t uphold their pledge — a failure lawyers say amounts to a breach of contract.
10.8%
The share of borrowers who took out more than $80,000 in federal loans for their graduate education in 2016. That’s up from just 1.4% who did the same in 2004, even when adjusting for inflation, according to a new analysis from the U.S. Department of Education.
