Submitted by Doug Lederman on August 24, 2022 - 3:00am
Enrollment declines, state underfunding and structural deficits created a crisis in Vermont’s college system. Rather than close campuses, a statewide hybrid institution aims to cut costs and build long-term legislative backing.
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.
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.
Some higher ed institutions are working to ease financial burdens on students and employees as the cost of food, gas and basic essentials continues to rise.
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.
Recruiting and retention challenges are hitting colleges, according to numerous panels at the National Association of College and University Business Officers conference.
College tuition largely held steady during the pandemic. Now rampant inflation is pushing tuition costs up, with some institutions approving steep increases unseen since the recession of 2008.
Eagerly awaited U.S. review of companies that manage colleges’ online academic programs urges more Education Department scrutiny but doesn’t appear to significantly threaten revenue-sharing deals.
