Administration and Finance

Administration and Finance
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High Oil Prices Offer Endowment Boost
Aug 31, 2022
Oil prices are on a major upswing and paying off for some endowments, even as colleges face pressure to divest from fossil fuels over climate change concerns.

Recent Articles

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Colleges Report Strong Fundraising Year
Financial Collapse at New Jersey City University
Report: College Endowment Returns Drop

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Archive

Oil prices boom amid pressure to divest from fossil fuels
August 31, 2022
Oil prices are on a major upswing and paying off for some endowments, even as colleges face pressure to divest from fossil fuels over climate change concerns.
Colleges report strong fundraising for fiscal year 2022
August 18, 2022
Many colleges have set fundraising records as fiscal year 2022 comes to a close. Experts note that higher ed philanthropy has boomed in recent years, even amid a pandemic.
New Jersey university faces scrutiny amid financial emergency
August 12, 2022
Governor Phil Murphy has called for an investigation into New Jersey City University's dramatic change in financial standing, which led NJCU to declare a financial emergency.
College Endowment Returns Down in New Report
August 10, 2022
New data shows college endowment returns are down after a banner year in 2021. Experts say the returns says more about a difficult year for the market than investment strategies.
Building sale, remote work helped Pa. system redesign
July 29, 2022
The Pennsylvania state higher ed system sold off the building that housed the chancellor’s office and made the former occupants remote workers. The move was a reflection of system leaders’ attempts to innovate and adjust to new workplace realities.
Ransomware attacks against higher ed increase
July 22, 2022
Colleges and universities experienced a surge in ransomware attacks in 2021, and those attacks had significant operational and financial costs, according to a new report.
Hiring woes loom large at business officers' conference
July 21, 2022
Recruiting and retention challenges are hitting colleges, according to numerous panels at the National Association of College and University Business Officers conference.
Otterbein, Antioch University announce partnership
July 14, 2022
They announce an affiliation today with intention to create a national university system alongside additional partners to be named later.
Diverse asset management study stymied by nonparticipation
July 1, 2022
Colleges have increasingly emphasized the importance of diversity, equity and inclusion in recent years—but not necessarily in the firms managing their assets, a new study finds.
Western Conn. State president out after draining reserves
June 24, 2022
University’s reserves went from $24 million in fiscal year 2012 to being “all but wiped out” in 2021. Now the president is out, following a no-confidence vote and a scathing report about financial mismanagement.

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