Finance: Page 4
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Over 30 tenured faculty face layoffs under University of Wisconsin-Milwaukee plan
The institution’s chancellor recommended closing a general studies college that supports two-year degrees.
By Ben Unglesbee • Aug. 15, 2024 -
Lackawanna and Peirce colleges to merge
Leaders of the two Pennsylvania-based nonprofit institutions say their programs, missions and markets are complementary.
By Ben Unglesbee • Aug. 14, 2024 -
Explore the Trendline➔
zimmytws via Getty Images
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 Kharris0317 is licensed under CC BY-SA 4.0
Catawba College gets second $200M donation in 3 years
The small North Carolina college has grown its endowment roughly seven times over since 2021.
By Laura Spitalniak • Aug. 13, 2024 -
"Western Illinois University" by Adam Moss is licensed under CC BY 2.0
Western Illinois University to cut nearly 90 faculty and staff roles
The public institution has been wrestling with rising costs, falling enrollment and a mounting deficit.
By Ben Unglesbee • Aug. 12, 2024 -
$238M gift promised to Florida A&M is deemed ‘fraudulent’
A damning 176-page independent review said officials could have avoided the fallout from the botched donation had they performed due diligence.
By Natalie Schwartz • Aug. 8, 2024 -
Retrieved from University of California, Davis on August 02, 2024
Universities face constraints in efforts to build more graduate student housing, Moody’s says
Affordable housing is a major need for the cohort. But rising construction costs are slowing projects, according to the ratings agency.
By Ben Unglesbee • Aug. 8, 2024 -
Drew Angerer / Staff via Getty Images
Bloomberg Philanthropies donates $600M to 4 historically Black medical schools
The charitable group is also giving $5 million to the Xavier Ochsner College of Medicine, which is slated to open in New Orleans.
By Natalie Schwartz • Aug. 6, 2024 -
"Frostburg State University" by KilgoreandJosy is licensed under CC BY-SA 4.0
Frostburg State University unveils multiyear plan to slash over $7M
The regional institution attributed the cuts in part to enrollment declines and the botched rollout of the Free Application for Federal Student Aid form.
By Natalie Schwartz • Updated Aug. 9, 2024 -
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How 2U’s bankruptcy shed light on the company and OPM market
During the Chapter 11 process, the online program manager’s filings have shown the changes in its business trajectory over the course of the pandemic.
By Ben Unglesbee • Aug. 2, 2024 -
Ripon College to cover tuition for Wisconsin families making less than $75K
For in-state students over the income threshold, the private institution will match tuition at the state's public flagship.
By Laura Spitalniak • Aug. 2, 2024 -
The image by Infrogmation is licensed under CC BY-SA 2.0
University of New Orleans cuts over 70 positions
The institution is reducing its headcount, largely by eliminating unfilled positions, as it grapples with a multimillion-dollar deficit.
By Ben Unglesbee • July 31, 2024 -
Maddie Meyer / Staff via Getty Images
2U looks to pay $20.8M it owes to university clients during bankruptcy
Keeping its relationships on solid footing is critical to the company’s success during the Chapter 11 process and beyond, it said in court filings.
By Ben Unglesbee • July 30, 2024 -
Courtesy of 2U
2U looks to shed leases for office space amid bankruptcy
The online program management company said it already exited most of the office space after the coronavirus pandemic.
By Ben Unglesbee • July 29, 2024 -
Courtesy of 2U
Deep Dive
A look at 2U’s path to bankruptcy
The company bet big on online education during the pandemic by purchasing edX, but the gamble didn’t pay off as the health crisis eased.
By Ben Unglesbee • July 26, 2024 -
Courtesy of 2U
2U files for bankruptcy
The online program manager entered Chapter 11 with an agreement with lenders and bondholders that would halve its debt and provide new capital.
By Ben Unglesbee • Updated July 25, 2024 -
PASSHE chancellor to leave post in October
Dan Greenstein oversaw a major consolidation of six of the Pennsylvania system’s universities that aimed to put them on better financial footing.
By Ben Unglesbee • July 24, 2024 -
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3 policy developments that college business officers should keep tabs on
Panelists at the National Association of College and University Business Officers’ annual meeting highlighted major changes coming down the pike.
By Natalie Schwartz • July 23, 2024 -
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Sen. Durbin calls on Education Department to protect students at 2 shuttering for-profits
Northwestern College and American Academy of Art College both announced closures in July in the senator’s home state of Illinois.
By Ben Unglesbee • July 22, 2024 -
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Deep DiveSticker shock: A look at the complicated world of tuition pricing
Despite attention to lofty sticker costs, the practice of discounting has reached new highs, confusing students and straining revenue for institutions.
By Ben Unglesbee • July 22, 2024 -
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Florida for-profit City College to close
The healthcare career-focused institution’s decision to shutter after 40 years reportedly came as a shock to students.
By Ben Unglesbee • July 19, 2024 -
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Enrollment woes hit both private and public colleges in 2023, S&P reports
Analysts with the ratings agency described a “tough year” in the higher ed world as revenue pressures ran into rising costs.
By Ben Unglesbee • July 19, 2024 -
Christopher Capozziello via Getty Images
What a tough private equity environment could mean for university endowments
Amid high interest rates and slowed dealmaking, a major source of investments for elite universities could become a liquidity headache, a new analysis finds.
By Ben Unglesbee • July 17, 2024 -
Retrieved from John F. Williams / Office of Naval Research.
Florida A&M president to step down after fumbled donation
The historically Black university publicly reversed course on a record-breaking donation in May after questions arose about its legitimacy.
By Laura Spitalniak • July 15, 2024 -
Tero Vesalainen via Getty Images
Private colleges likely won’t see big net tuition growth anytime soon, Fitch says
Fitch Ratings found a 1.1% year-over-year increase in net tuition revenue for fiscal 2023, but this isn’t enough to preserve margins at private nonprofits.
By Ben Unglesbee • July 15, 2024 -
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Pennsylvania’s budget leaves funds flat for Penn State and others
Although the budget contained funding increases for some colleges, it fell short of Gov. Josh Shapiro’s earlier vision to overhaul the state’s higher education.
By Ben Unglesbee • July 12, 2024
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