Finance: Page 20

  • A building is topped by blue letters reading 2U.
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    Courtesy of 2U
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    2U makes moves to push back loan due date and save on annual interest payments

    The company’s ability to refinance debt suggests lenders view it as healthy despite tough economic conditions, one ed tech expert said.

    By • Jan. 12, 2023
  • California Gov. Gavin Newsom speaks at a podium.
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    Emma McIntyre via Getty Images
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    California budget proposal cuts 2% from higher ed on the backs of capital projects

    Democratic Gov. Gavin Newsom's 2023-24 plan would, however, fulfill promised 5% base increases for the UC and Cal State systems.

    By • Jan. 11, 2023
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    CFOs optimistic about their own colleges’ finances, survey says

    Almost 9 in 10 financial officers predicted financial stability for their colleges, an uptick software vendor Syntellis called "optimism against the odds."

    By Rick Seltzer • Jan. 10, 2023
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    Mario Tama via Getty Images
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    Here are the top risks college leaders are worried about this year

    Recruitment and hiring vaulted into a top slot in an annual survey of risks concerning college leaders that's conducted by insurer United Educators.

    By Rick Seltzer • Jan. 6, 2023
  • An aerial view of Wichita State University
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    Regional public universities educate nearly 5M students, according to new list

    The Alliance for Research on Regional Colleges put together a list of 474 institutions that it says are important for low-income, Black and rural students.

    By Rick Seltzer • Dec. 30, 2022
  • A student walks through UCLA.
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    Kevork Djansezian via Getty Images
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    Rising debt levels could hurt graduate programs’ ROI, report finds

    Earnings have held steady, but median debt for borrowers with master’s degrees nearly doubled in under two decades, the Urban Institute found.

    By • Dec. 22, 2022
  • Picket signs can be seen in front of a UCLA sign.
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    Mario Tama via Getty Images
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    Deep Dive

    What the UC strike meant to the academic workers who walked the picket lines

    Before a recent agreement, strikers spoke of hope for relief from crushing living costs and a growing sense of connection to others in their shoes.

    By James Anderson • Dec. 22, 2022
  • 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
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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
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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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    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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    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
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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
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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
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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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    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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    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