Finance: Page 18

  • Buildings and trees.
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    Permission granted by Holy Names University Office of Marketing and Communications: Babuljak
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    California Catholic university to close in May after failing to find merger partner

    Holy Names University is saddled by years of deficits, falling enrollment and debt. The pandemic and economy worsened its standing, leaders say.

    By Rick Seltzer • Dec. 20, 2022
  • The Norton Campus Center at Birmingham-Southern College
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    The image by Jwrandolph is licensed under CC BY-SA 3.0
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    Birmingham-Southern College needs $37.5M in government money to stay open, officials say

    The private Alabama liberal arts institution is requesting public funding to give it “breathing room to operate.”

    By • Dec. 20, 2022
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    John Moore / Getty Staff via Getty Images
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    How can colleges adapt their financial aid offices for prison education programs?

    A ban on Pell Grants for people in prison is ending. Replicating standard practices won’t work for incarcerated students, a new NASFAA report says.

    By • Dec. 20, 2022
  • Stone buildings sit on a hillside.
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    Courtesy of University of Redlands
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    University of Redlands scoops up graduate school to add to San Francisco-area campus

    The acquisition comes because Presidio Graduate School sought a merger partner after deciding it would need one or face closure.

    By Rick Seltzer • Dec. 16, 2022
  • Cash dollars lying on the ground
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    Rrraum via Getty Images
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    Colleges’ expenses rose 5.2% in FY22, the biggest increase since 2001

    But higher education still experienced less significant inflation than the U.S. as a whole, according to new data.

    By • Dec. 15, 2022
  • A mortarboard and tassel sit on a table.
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    nirat/iStock via Getty Images
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    Colleges seek growth from grad programs. Will that market ever run dry?

    A new EAB report raises questions about whether colleges can continue a decade-plus of nearly uninterrupted growth in graduate enrollment.

    By Rick Seltzer • Dec. 13, 2022
  • TIAA Bank Center
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    Courtesy of TIAA Bank
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    Academics’ fossil fuel complaint against TIAA dismissed

    Activists are disappointed PRI dismissed their complaint over fossil fuel investments. The money manager says it is committed to responsible investing.

    By Lilah Burke • Updated Dec. 14, 2022
  • A flag hangs above a marble sign reading "New York Stock Exchange." In the foreground, a street sign identifies Wall Street.
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    Michael M. Santiago via Getty Images
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    Higher ed faces ‘deteriorating’ outlook in 2023, Fitch says

    Enrollment, labor and wage pressures will mount, likely increasing the gulf between stronger and weaker colleges, the ratings agency projects.

    By Rick Seltzer • Dec. 9, 2022
  • The Cazenovia College campus
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    Retrieved from Cazenovia College on December 07, 2022
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    Cazenovia College says it will close in spring 2023, citing financial stress and rising inflation

    The nearly 200-year-old private nonprofit institution blamed the pandemic, inflation and uncertainty in the bond and stock markets for its closure.

    By • Dec. 7, 2022
  • A stone sign spells out "university" in front of a tree.
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    sshepard/E+ via Getty Images
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    The year’s biggest higher ed stories — so far

    These topics have resonated most with our readers so far in 2022.

    By Higher Ed Dive Staff • Dec. 5, 2022
  • A locked gate is visible in front of a blurred background.
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    Inna Reznik/iStock via Getty Images
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    Opinion // Merger Watch

    Don’t wait too long to find a merger partner. Closure does not benefit anybody.

    Leaders fail students, employees and communities when they embrace a strategy of hope in the face of overwhelming evidence.

    By Ricardo Azziz • Dec. 5, 2022
  • People walk on Binghamton University's campus.
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    The image by Evangelos Dousmanis, Binghamton University is licensed under CC BY-SA 3.0
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    Binghamton University and Broome Community College ask SUNY trustees to weigh integration proposal

    The idea comes a decade after several other SUNY campuses tried sharing presidents, but leaders say discussions are still in an early phase.

    By Rick Seltzer • Dec. 2, 2022
  • A person holds a piece of paper.
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    megaflopp/iStock via Getty Images
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    10 higher ed associations try to tackle confusing financial aid offers — again

    A new Paying for College Transparency Initiative will try to make college financial aid offers more transparent. But it's not the first push of its kind.

    By Rick Seltzer • Nov. 29, 2022
  • U.S. Sen. Ben Sasse speaks on a mobile phone.
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    Anna Moneymaker via Getty Images
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    Opinion

    Ben Sasse hit the jackpot with his University of Florida contract

    A five-year contract's $10 million value isn't even the most unusual benefit the Nebraska senator will receive when he changes jobs, two experts find.

    By Judith Wilde and James Finkelstein • Nov. 28, 2022
  • A sign advertises Grinnell College.
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    The image by Ron Cogswell is licensed under CC BY 2.0
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    What changed in 2 years since Grinnell said it would try no-loan financial aid

    Fewer students need to work on campus, the Iowa institution says. The no-loan policy comes as applications have spiked and its admit rate falls.

    By • Nov. 22, 2022
  • A tape measure and level sit on site plans.
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    skynesher/E+ via Getty Images
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    How to use a closed college campus? Marylhurst’s answer: Affordable, efficient housing.

    The site of the former Marylhurst University, in Oregon, will be home to a building with 100 affordable apartment units.

    By Rick Seltzer • Nov. 22, 2022
  • A stone sign reads "U.S. Bankruptcy Court."
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    Reptile8488/iStock via Getty Images
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    Federal attorneys can now recommend student loan discharges in bankruptcy proceedings

    Officials tout new student loan bankruptcy process as more fair and accessible, but consumer advocates say much depends on how it's put in place.

    By Rick Seltzer • Nov. 17, 2022
  • A building flies flags.
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    stevegeer/iStock via Getty Images
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    Illinois university to stop teaching at Wisconsin branch campus due to falling enrollment

    A dearth of graduate students prompted Aurora University to wind down classes at its George Williams College campus. The site still has a conference center.

    By Rick Seltzer • Nov. 17, 2022
  • A group of University of California academic workers and supports gather at UC Berkeley to protest what they call poor pay and benefits.
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    Permission granted by Ian Castro
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    48,000 University of California academic workers go on strike

    Graduate students, teaching assistants and postdocs are demanding better pay and benefits in what they call the largest strike ever at an academic institution.

    By • Nov. 14, 2022
  • Lights in Europe are seen from space.
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    DKosig/iStock via Getty Images
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    Opinion // Merger Watch

    Mergers in higher education are global. Here are lessons for US colleges.

    A university's size matters — mergers can boost competitiveness and student value, although they require the unwavering support of institutional leaders.

    By Ricardo Azziz • Nov. 14, 2022
  • An aerial shot looks at Colby-Sawyer College's campus, surrounded by colorful leaves.
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    The image by kloeppel is licensed under CC BY 2.0
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    Why so many colleges have been resetting their tuition

    Colby-Sawyer College is reducing its prices by 60% so tuition more accurately reflects what students pay. Other institutions are doing the same.

    By Lilah Burke • Nov. 8, 2022
  • Payment terminal
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    mapodile via Getty Images
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    Sponsored by U.S. Bank

    The per diem problem: how virtual cards streamline student travel expenses

    Many higher-education organizations still rely on cash to get the job done when funding student-athletes and student-group travel.

    Nov. 7, 2022
  • A sign spells out the name of Notre Dame of Maryland University
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    Rick Seltzer/Higher Ed Dive
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    Deep Dive

    Women’s colleges are going co-ed to survive. Does it threaten their missions?

    The number of women's colleges has dwindled, raising questions about the best way to adapt to a changing enrollment and social climate.

    By Lilah Burke • Nov. 7, 2022
  • Plant sprouting out of dollar bills
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    Newbird via Getty Images
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    College leaders seek new enrollment, revenue sources in upcoming year, survey says

    Declining enrollment is a top challenge for over half of respondents to a survey from consultancy BDO. Most were interested in spending, not cuts.

    By Rick Seltzer • Nov. 4, 2022
  • A sign outside a building reads "Montclair State University."
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    The image by Adam Moss is licensed under CC BY-SA 2.0
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    Montclair State to acquire Bloomfield College next summer

    The two New Jersey institutions have been working on a merger agreement after Bloomfield issued a public plea for help last year.

    By Rick Seltzer • Oct. 27, 2022