Finance
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For-profit performing arts college in New York to close
The New York Conservatory of Dramatic Arts said it had exhausted “every possible alternative” prior to the decision to wind down.
By Ben Unglesbee • June 5, 2025 -
University of Idaho abandons plan to acquire University of Phoenix
Faced with opposition from the beginning, the state university and for-profit college ended negotiations.
By Ben Unglesbee • June 4, 2025 -
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‘Finally’: Keystone College completes merger with nonprofit
After a recent closure scare, the institution is continuing operations under the nonprofit Washington Institute for Education and Research.
By Ben Unglesbee • June 3, 2025 -
FY26 budget plan would slash maximum Pell Grant by nearly a quarter
The Education Department's proposal would also radically reduce funding for Federal Work-Study and require a bigger employer contribution.
By Ben Unglesbee • June 2, 2025 -
16 states sue National Science Foundation over wide-reaching research cuts
The lawsuit takes aim at the agency’s cap on indirect research costs and its mass termination of grants related to diversity, equity and inclusion.
By Ben Unglesbee • May 30, 2025 -
Trump administration moves to end Harvard University’s remaining federal contracts
Since mid-April, the federal government has cut off roughly $2.8 billion in multi-year grants and contracts to the Ivy League institution.
By Laura Spitalniak • May 28, 2025 -
How will Trump’s tariff policies impact college students?
Higher prices on essential items like computers, food and transportation could harm low-income students and jeopardize their academic track, experts say.
By Danielle McLean • May 27, 2025 -
The reconciliation bill cleared the House. Here’s how it would change higher ed.
Critics worry that the spending package, now headed to the Senate, would have a “historic and negative impact” on college access.
By Ben Unglesbee • May 22, 2025 -
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Maryland regents allow furloughs and salary cuts for public universities
The state’s higher education system is facing big funding shortfalls at both the state and federal levels.
By Ben Unglesbee • May 20, 2025 -
New Jersey City University takes key step to become part of Kean University
The two public institutions signed a letter of intent Thursday outlining a plan that would transform NJCU into “Kean Jersey City.”
By Ben Unglesbee • May 16, 2025 -
‘Gross mismanagement’: Bacone College sent into liquidation
After filing for bankruptcy last year, a judge this week ordered its case to be converted into Chapter 7 after alarms raised by the U.S. trustee’s office.
By Ben Unglesbee • May 15, 2025 -
State and local funding for public colleges up 18% from pre-pandemic levels, SHEEO says
States could face hard budgetary decisions ahead as federal stimulus funding runs dry, the State Higher Education Executive Officers Association said.
By Ben Unglesbee • May 14, 2025 -
University of Arizona has balanced budget in sight after massive deficits
A preliminary budget plan for fiscal 2026 would cut 3.2% across the board, with the largest reductions hitting administration and university support.
By Ben Unglesbee • May 9, 2025 -
Johnson & Wales University to lay off 91 faculty and staff
“We simply cannot afford to be the size that we once were,” the private nonprofit’s chancellor said in a letter to stakeholders.
By Ben Unglesbee • May 8, 2025 -
National Science Foundation faces lawsuit over 15% indirect research cap
The legal challenge is at least the third levied against a federal agency in recent weeks for limiting reimbursement rates for colleges' indirect costs.
By Laura Spitalniak • May 7, 2025 -
Trump administration cuts off Harvard University from future research grant funding
The institution “should no longer seek GRANTS from the federal government, since none will be provided,” U.S. Education Secretary Linda McMahon wrote.
By Ben Unglesbee • May 6, 2025 -
Deep Dive
Risk-sharing: A ‘well-intentioned’ disaster for colleges?
Experts say a push to make institutions responsible for unpaid student loans could hit hardest on those serving historically underrepresented students.
By Ben Unglesbee • May 6, 2025 -
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By Nelnet Campus Commerce • May 5, 2025 -
Trump’s FY26 budget plan slashes Education Department programs
The president's proposed cuts would dramatically reduce funding for Federal Work-Study and eliminate all spending on the TRIO program.
By Natalie Schwartz • May 2, 2025 -
Duke University offers buyouts and signals future layoffs as federal cuts hit
Policy changes under the Trump administration could amount to hundreds of millions of dollars in funding losses for the institution.
By Ben Unglesbee • May 1, 2025 -
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Limestone University to close after fundraising blitz falls short
The Christian institution in South Carolina raised over $2 million in two weeks but fell short of the estimated $6 million it needed to avoid shuttering.
By Ben Unglesbee • April 30, 2025 -
Johns Hopkins University self-funds some research in wake of federal cuts
Faced with grant delays and terminations, the university has created two new programs, partly funded through earnings on its endowment.
By Ben Unglesbee • Updated April 30, 2025 -
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St. Andrews University announces abrupt closure
The North Carolina liberal arts institution’s president said that “financial sustainability is no longer attainable” and it will close May 5.
By Ben Unglesbee • April 28, 2025 -
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Limestone University may have a ‘lifeline’ to avert closure
The Christian institution's board said “a possible funding source has surfaced" after warning last week it may have to shutter or go online.
By Ben Unglesbee • April 23, 2025 -
Federal cuts are putting university finances at risk, S&P says
While Trump administration policies are pressuring major institutions, many of them have the resources to withstand disruption for now.
By Ben Unglesbee • April 22, 2025