Finance
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Week in review: Trump administration policies hit colleges’ pocketbooks
We’re rounding up last week’s stories, from the federal government’s new probes and deals to the impact of policy shifts on the higher education sector.
By Ben Unglesbee • Aug. 4, 2025 -
150K fewer international students this fall? That’s what one analysis predicts.
A sharp drop in foreign enrollment could cost colleges $7 billion in revenue and 60,000 jobs, according to NAFSA: Association of International Educators.
By Ben Unglesbee • Aug. 1, 2025 -
NACUBO '25
‘Everything, everywhere, all at once’: How Trump has upended higher ed finance in 2025
Experts at the National Association of College and University Business Officers’ annual conference broke down the wave of policy changes the sector is facing.
By Ben Unglesbee • July 31, 2025 -
Northwestern University cuts 425 jobs in face of federal funding pressure
The private institution is laying off staff and axing vacant roles in a time that is “among most difficult in our institution’s 174-year history,” senior leaders said.
By Ben Unglesbee • July 30, 2025 -
NACUBO '25
How Cal State is betting on shared services amid funding cuts
Campuses are increasingly collaborating on backend services to save costs and become nimbler in a tough financial environment.
By Ben Unglesbee • July 28, 2025 -
Temple University to lay off 50 employees
The public institution is cutting 190 positions in an effort to slash its $60 million deficit in half.
By Ben Unglesbee • July 21, 2025 -
Trump 2.0 brings layoffs and budget cuts at 8 major colleges
With uncertainty around research funding, international students and financial aid, institutions are shrinking budgets as they try to weather financial turmoil.
By Ben Unglesbee • July 17, 2025 -
University of Southern California signals layoffs amid $200M budget gap
A transformed operating model is needed to address lower federal research support and a growing shortfall, USC's interim president said.
By Natalie Schwartz • July 16, 2025 -
Column // College Closure Files
Bacone College shut down after 145 years. What went wrong?
The Oklahoma institution had shaky finances for years. And some insiders have accused it of straying from its mission of serving Native American students.
By Ben Unglesbee • July 14, 2025 -
Moody’s: Trump’s tough international student policies could hit some colleges hard
Visa processing slowdowns and travel bans could mean lost revenue, tighter margins and financial stress.
By Ben Unglesbee • July 11, 2025 -
George Washington University hints at layoffs amid federal policy upheaval
The private nonprofit is facing an “unsustainable compounding deficit” and uncertainty about research funding, top officials said in a community message.
By Ben Unglesbee • July 9, 2025 -
Boston University to lay off 120 staffers amid budget challenges
The private institution faces federal funding uncertainty along with operational headaches such as rising costs.
By Ben Unglesbee • July 8, 2025 -
‘One big mistake’: Higher ed sounds warning over GOP budget law
From higher endowment taxes to student loan limits, colleges and students will face a dramatically new landscape with the passage of a new spending law.
By Ben Unglesbee • July 7, 2025 -
Siena Heights University to close after coming academic year
The 105-year-old Catholic nonprofit in Michigan concluded it was “no longer feasible” to continue operating.
By Ben Unglesbee • July 1, 2025 -
Brown University preps for ‘significant cost-cutting’ amid federal funding disruption
The Ivy League institution's top officials signaled possible staff reductions along with scaled back capital spending and other measures.
By Ben Unglesbee • June 30, 2025 -
Stanford University expects layoffs in coming year
The private nonprofit is cutting $140 million from its budget as it grapples with “significant budget consequences” from federal policy shifts.
By Ben Unglesbee • June 27, 2025 -
Key higher ed provisions in reconciliation bill violate Senate rules, official finds
Expanding Pell Grants to short-term programs and consolidating student loan programs were among the proposals flagged by the chamber’s parliamentarian.
By Ben Unglesbee • June 26, 2025 -
The image by Jimmy Emerson is licensed under CC BY-ND 2.0
University of Connecticut eyes workforce cuts to manage funding shortfalls
Faced with cuts to state and federal funding, leaders are clamping down on hiring and reviewing temporary positions, along with other austerity measures.
By Ben Unglesbee • June 24, 2025 -
Tuition discounts at private nonprofits continue to climb, estimates show
Colleges have been giving larger aid packages to greater shares of students, the National Association of College and University Business Officers found.
By Natalie Schwartz • June 24, 2025 -
The image by afunkydamsel is licensed under CC BY-ND 2.0
Columbia College Chicago lays off 20 faculty members
The cuts come as the private nonprofit attempts to “invest in areas that correspond to strong student demand,” one official told the campus community.
By Ben Unglesbee • June 23, 2025 -
Temple University eyes job reductions amid $60M deficit for FY26
The public institution’s president said that enrollment is starting to rebound after a steep drop since 2017, but costs have increased much more quickly.
By Ben Unglesbee • June 20, 2025 -
Tennessee State operations get $96M boost from reallocated state funds
Tennessee's comptroller cited his confidence in the beleaguered university's current leadership team when signing the deal Tuesday.
By Ben Unglesbee • June 18, 2025 -
AAUP and AFT appeal after judge tosses lawsuit over canceled Columbia funds
The judge ruled that the unions lacked standing to sue and sided with the Trump administration’s case.
By Ben Unglesbee • June 17, 2025 -
Tennessee State raises tuition 6% amid budget stabilization effort
Even with the tuition hike, the public historically Black institution faces a nearly $39 million shortfall.
By Ben Unglesbee • June 16, 2025 -
University of Nebraska looks to cut another $20M from its budget
Amid state and federal funding challenges, the public Midwestern institution has already cut tens of millions of dollars in spending in recent years.
By Ben Unglesbee • June 13, 2025