Finance: Page 2

  • South façade of the Cobb Gate at the University of Chicago.
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    University of Chicago nearly halves its budget deficit to $160M

    Revenue growth outpaced cost increases as the private nonprofit aims for a balanced budget by the decade’s end.

    By • Dec. 1, 2025
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    Unkown. Retrieved from Wikimedia Commons.
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    Column // College Closure Files

    How the ‘immortal’ Limestone University collapsed

    The South Carolina college weathered tough financial times over the course of its life. In April, it made its last play to stay open — but it wasn’t enough.

    By • Dec. 1, 2025
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    Courtesy of Sonoma State University
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    Sonoma State University gets new leader after turbulent year of cuts

    Cal State veteran Michael Spagna is set to take over the institution in January following widely opposed budget cuts and amid ongoing enrollment troubles. 

    By • Nov. 21, 2025
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    Higher education outlook remains negative for 2026, Moody’s says

    Enrollment, political and cost pressures abound and will stick around in the new year, analysts said in a recent report.

    By • Nov. 21, 2025
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    University of Nebraska-Lincoln faculty vote no confidence in chancellor

    The vote follows a contentious plan by the public university’s leader to slash four programs as part of an effort to reduce spending by $27.5 million.

    By • Nov. 19, 2025
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    MacKenzie Scott’s recent college gifts top $1.1B. See who got funding.

    University of California, Merced and Carl Albert State College are among the latest institutions to receive donations from the philanthropist. 

    By • Updated Dec. 9, 2025
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    Democrats warn feds against selling student loans to private market

    Over 40 congressional lawmakers told Trump administration officials that transferring debt ownership could strip borrowers of their protections.

    By • Nov. 18, 2025
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    Feds cannot withhold funding from UC system amid lawsuit, judge rules

    The Trump administration has routinely used civil rights probes to force colleges “to change their ideological tune,” U.S. District Judge Rita Lin wrote.

    By • Nov. 17, 2025
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    Sterling College in Vermont to close

    The environmental-focused institution, which has under 40 students, said that closing now was the responsible move to support their transitions.

    By • Nov. 14, 2025
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    The image by David Keyzer is licensed under CC BY 2.0
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    University of Nebraska-Lincoln leader reduces program cuts from 6 to 4

    While the public institution's chancellor backed away from some cuts, he is moving forward with others that face fierce opposition.

    By • Nov. 12, 2025
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    Big university endowments grew 11.5% in FY25, TIFF says

    Funds valued over $1 billion enjoyed a second year of double-digit returns, but increased taxes will weigh on many starting next year.

    By • Nov. 10, 2025
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    Net tuition rises at colleges, but costs are far below their peaks

    The prices students and their families paid after aid at four-year public colleges and private nonprofits ticked up in 2025-26, per College Board estimates. 

    By • Nov. 7, 2025
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    Retrieved from Trinity Christian College on November 05, 2025
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    Trinity Christian College to close at the end of the academic year

    The institution considered slashing programs and finding a partner but ultimately decided there was “no sustainable path forward,” its president said. 

    By • Nov. 5, 2025
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    University of Nebraska-Lincoln committee opposes most academic program cuts

    The committee recommended leaders allow more time to consider alternatives to those reductions as the university looks to save $27.5 million annually.

    By • Nov. 5, 2025
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    8 HBCUs share in $387M donation spree from MacKenzie Scott

    Scott, who said in 2019 she would donate money "until the safe is empty," has made historically Black colleges and universities a tent pole of her philanthropy.

    By • Nov. 5, 2025
  • People walk up to a building on the University of Southern California's campus.
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    USC ‘on track’ to eliminate deficit after 900-plus layoff notices

    The most recent round of cuts affected 259 employees across its main campus in Los Angeles, including dozens of student advisers. 

    By • Nov. 4, 2025
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    Private New York colleges get $50M in state financing for capital projects

    Since its creation in 2005, the Higher Education Capital Matching Grant Program has awarded $369.8 million to colleges across the state.

    By • Oct. 27, 2025
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    Columbia University’s operating income plunges by nearly two-thirds

    Costs at the Ivy League institution rose far faster than revenue, and "destabilizing" federal research cuts added pressure to its budget.

    By • Oct. 24, 2025
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    Michigan State University lays off 99 employees

    Along with budget pressures from rising costs, the university has faced dozens of federal grant terminations, leading to another 83 job cuts.

    By • Oct. 23, 2025
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    University of Northern Colorado plans to lay off 50 employees

    State budget cuts and a smaller-than-expected fall class contributed to millions of dollars of pressure on the public institution’s budget.

    By • Oct. 23, 2025
  • President Donald Trump speaks as Secretary of Commerce Howard Lutnick, Secretary of Labor Lori Chavez-DeRemer and Secretary of Education Linda McMahon stand behind Trump.
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    ‘Nothing less than government control’: Higher ed responds to Trump’s compact

    Federal officials offered preferential funding treatment to nine initial colleges in exchange for sweeping changes. Here’s how they replied.

    By • Oct. 20, 2025
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    Scott Eisen via Getty Images
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    Harvard v. Trump

    Harvard’s operations lost $112.6M in FY25 amid Trump’s pressure campaign

    President Alan Garber called fiscal 2025 extraordinarily challenging for the Ivy League university "even by the standards of our centuries-long history."

    By • Oct. 17, 2025
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    Carnegie Mellon lays off 75 employees at engineering institute amid federal funding shifts

    The cuts amount to 10% of the Software Engineering Institute’s workforce, which has taken a financial hit from recent policy changes.

    By • Oct. 10, 2025
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    University of Nebraska-Lincoln faculty raise alarms about program cuts

    Professors at the public institution voiced concerns about poor data and a lack of transparency in the chancellor’s proposal to axe six academic programs.

    By • Oct. 8, 2025
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    DePaul University weighs budget measures amid cratering international enrollment

    The private Chicago nonprofit is considering cutting executive pay and freezing staff hiring after new international graduate enrollment fell 62% from last year.

    By • Oct. 6, 2025