Finance: Page 10
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Republican lawmakers skip raises for Wisconsin university employees in DEI fight
The state's Legislature has waged a protracted battle against diversity, equity and inclusion efforts at college campuses.
By Laura Spitalniak • Oct. 18, 2023 -
Retrieved from WiSys on October 17, 2023
UW-Oshkosh cuts workforce by more than 200 as budget crisis unfolds
The Wisconsin public college is laying off 140 staff members, while others voluntarily resigned.
By Jeremy Bauer-Wolf • Oct. 17, 2023 -
Explore the Trendline➔
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TrendlineCollege finances in a rapidly changing sector
Colleges are increasingly tightening their belts and pursuing alternative revenue sources amid declining enrollment and increased competition.
By Higher Ed Dive staff -
The image by Acroterion is licensed under CC BY-SA 4.0
Hodson Trust gives parting gift of over $100M to 2 Maryland colleges
Hood College and Washington College each received over $50 million, the largest donations in their respective histories, from the now-dissolved trust.
By Laura Spitalniak • Oct. 17, 2023 -
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OpinionColleges can take steps to address the affordable housing crisis
From contributing underutilized land to tapping government support, institutions can help alleviate the problem — and get a return on their investment.
By Eric Maribojoc • Oct. 16, 2023 -
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Moody’s: Student housing sees rebound
Occupancy and rental rates have jumped since the pandemic, but inflation remains a hurdle for owners and developers.
By Leslie Shaver • Oct. 12, 2023 -
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Vermont State unveils faculty buyout plan in hopes of avoiding layoffs
Employees who take the deal will receive additional compensation equal to half their current salary at the end of the 2023-24 academic year.
By Natalie Schwartz • Oct. 10, 2023 -
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Lawmakers press state leaders on land-grant HBCU funding gaps
Here’s how legislators are reacting after the Biden administration accused 16 states of underfunding historically Black land-grants by over $12 billion.
By Laura Spitalniak • Oct. 10, 2023 -
"Fletcher Hall at Sweet Briar" by Annette Teng is licensed under CC BY 3.0
Deep DiveMore colleges are resetting tuition. Does the strategy work?
Some institutions have seen short-term enrollment gains from slashing their sticker prices, but the strategy doesn’t guarantee a turnaround.
By Danielle McLean • Oct. 9, 2023 -
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What’s next for Birmingham-Southern College?
The private institution may have averted closure through a state lifeline, but questions remain about its financial plan.
By Lilah Burke • Oct. 5, 2023 -
Courtesy of Castleton University
Vermont State University looks to eliminate 10 programs, up to 33 full-time faculty
The public institution’s president is also recommending some majors be consolidated or moved to other campuses.
By Jeremy Bauer-Wolf • Oct. 3, 2023 -
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Christian Brothers University to cut $4M from budget to address deficit
The Roman Catholic college in Tennessee recently declared financial exigency, which can lead to layoffs of tenured faculty members.
By Natalie Schwartz • Oct. 2, 2023 -
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Dickinson State finalizes plan to cut 7 programs, 5 tenured faculty
North Dakota’s higher ed board will need to OK eliminating degrees at the public college.
By Jeremy Bauer-Wolf • Sept. 27, 2023 -
The image by Dickinson State University is licensed under CC BY-SA 2.0
Dickinson State faculty plead to preserve academic programs — and their jobs
The North Dakota college’s president said it must cut degrees and tenured positions to counter a potential $1 million budget hole.
By Jeremy Bauer-Wolf • Sept. 22, 2023 -
The image by GastelEtzwane is licensed under CC BY-SA 4.0
SUNY Potsdam looks to eliminate 14 more programs to close $9M deficit
President of the New York public college said it will need to significantly reduce faculty positions alongside academic cuts.
By Jeremy Bauer-Wolf • Sept. 20, 2023 -
Retrieved from Northwestern Michigan College on September 18, 2023
Why one community college outsourced its adjunct faculty
Northwestern Michigan College’s adjuncts will be employees of Edustaff, an unusual higher ed staffing model meant to cut costs.
By Jeremy Bauer-Wolf • Sept. 19, 2023 -
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16 states underfunded land-grant HBCUs by over $12B, Biden admin says
The education and agriculture secretaries called on each state’s governor to remedy the historical funding gaps.
By Jeremy Bauer-Wolf • Sept. 18, 2023 -
"Prairie View A&M University-Panther Stadium" by Maureen.allen is licensed under CC BY-SA 4.0
Historically Black college initiative secures $124M investment
The HBCU Transformation Project started last year to improve student outcomes and reverse historic funding inequities.
By Natalie Schwartz • Sept. 14, 2023 -
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Union Institute & University’s accreditor flags financial issues
The Ohio private institution has twice delayed the start of its fall term over funding problems, but insists it’s not on the path to closure.
By Jeremy Bauer-Wolf • Sept. 12, 2023 -
The image by Webster University is licensed under CC BY-SA 3.0
Webster University sued over accusations of $75K in unpaid rent
The lawsuit compounds financial troubles for the private nonprofit college in Missouri.
By Jeremy Bauer-Wolf • Sept. 7, 2023 -
The image by Swimmerguy269 is licensed under CC BY-SA 3.0
West Virginia University no longer plans to completely eliminate world languages
However, the public flagship institution still is looking to cut all bachelor’s and master’s language programs.
By Jeremy Bauer-Wolf • Aug. 29, 2023 -
Deep DiveCan the farm bill help fix underfunding for HBCUs?
Lawmakers have until the end of September to reauthorize the spending package, which is a significant source of funding for land-grant universities.
By Lilah Burke • Aug. 25, 2023 -
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Petition emerges to save Dickinson State arts programs amid $1M deficit
The president of the North Dakota public college is looking to cut a still-to-be-decided number of tenured faculty.
By Jeremy Bauer-Wolf • Aug. 22, 2023 -
The image by GastelEtzwane is licensed under CC BY-SA 4.0
SUNY Potsdam plans to phase out 4 academic programs amid $9M deficit
The leader of the university’s faculty senate recently told colleagues to prepare for cuts “of an order beyond anything we have seen.”
By Jeremy Bauer-Wolf • Aug. 18, 2023 -
Retrieved from Facebook on August 15, 2023
Alderson Broaddus hid imminent closure from students and employees, 2 lawsuits allege
The proposed class-action complaints accuse leaders of the Baptist-affiliated institution of breaching contract and fraud.
By Jeremy Bauer-Wolf • Aug. 16, 2023 -
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University of Chicago to pay $13.5M to settle allegations of financial aid price-fixing
The institution, one of 17 named in a class-action lawsuit, will also provide documents that are expected to help the case against the other colleges.
By Laura Spitalniak • Aug. 14, 2023
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