Finance: Page 22
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Zovio in danger of delisting from Nasdaq
The University of Arizona Global Campus servicer's stock price fell below required levels. It will be removed if it doesn't rebound by the fall.
By Rick Seltzer • May 9, 2022 -
Q&A
How a small university flipped 150 acres
Gwynedd Mercy University's president discusses a deal to sell land three years after acquiring it — changing development plans along the way.
By Rick Seltzer • May 6, 2022 -
Whitman College to meet students' full financial need following $10M gift
A new scholarship will eventually benefit about 500 students in Washington state, about one-third of the liberal arts institution's student body.
By Jeremy Bauer-Wolf • May 4, 2022 -
Defense research funding for HBCUs, minority institutions lags, report says
The Pentagon trails other federal agencies in share of R&D spending for HBCUs and other institutions with a large share of minority students.
By Laura Spitalniak • April 29, 2022 -
Higher ed faces shrinking workforce and pay increases outpaced by inflation
Trends have been worsened by the COVID-19 pandemic, according to a new workforce survey for 2021-22 from CUPA-HR.
By Laura Spitalniak • April 27, 2022 -
Retrieved from Marymount California University on April 25, 2022
Marymount California University to shut down following merger attempt
Catholic institution says it will close permanently after effort to join Florida-based Saint Leo University failed.
By Jeremy Bauer-Wolf • April 25, 2022 -
The image by Odiedude is licensed under CC BY-SA 4.0
Saint Leo and Marymount California universities abandon merger plan
The consolidation of the two Catholic institutions hit a roadblock after an accreditor declined to endorse it last year.
By Jeremy Bauer-Wolf • April 21, 2022 -
"Government Accountability Office Building" by kafka4prez is licensed under CC BY-SA 2.0
Report can't determine why thousands of student loans hadn't been forgiven under Income-Driven Repayment
Just 157 loans were forgiven as Income-Driven Repayment was hurt by communication and data failures, the Government Accountability Office found.
By Rick Seltzer • April 20, 2022 -
Opinion
Tenure is under attack, so why do college presidents have retreat rights?
Lawmakers are unwinding tenure protections for researchers and instructors. But presidents who stopped publishing and teaching are guaranteed faculty jobs.
By Judith Wilde and James Finkelstein • April 19, 2022 -
Dollar General introduces no-cost degree program for employees
Employees and their families also will have access to general education courses.
By Emilie Shumway • April 15, 2022 -
The image by Peter Rintels is licensed under CC BY-ND 2.0
Williams College ditches loans and work requirements from financial aid packages
Private nonprofit college expects its financial aid budget to grow 10% to $77.5M as a result of access-oriented changes for its 2,121 undergraduates.
By Rick Seltzer • April 13, 2022 -
Inflation and labor shortages set to squeeze college budgets, Moody's says
Ratings agency expects employment pressures to hit colleges as enrollment and federal pandemic aid wane, pinching budgets in 2023 and beyond.
By Rick Seltzer • April 13, 2022 -
Opinion
How merger-curious colleges can find mission-aligned dance partners
College leaders have options for M&A processes meeting their fiduciary duty, writes a partner at a group specializing in complex nonprofit transactions.
By John MacIntosh • April 11, 2022 -
California weighs $100M for community college cybersecurity amid application fraud
The funding would partly go toward hiring cybersecurity staff after the system was flooded with fake student applications last year.
By Natalie Schwartz • April 6, 2022 -
Report: Public research universities spent 70% of federal pandemic relief
APLU members have used $14.5 billion of $20.7 billion allocated to them so far, the association said Wednesday.
By Rick Seltzer • April 6, 2022 -
The image by Ben P L is licensed under CC BY-SA 2.0
Fraudulent student applications targeted Salt Lake Community College
Officials suspect fake applications were an attempt to steal coronavirus relief and financial aid funding. They say they caught on before disbursing money.
By Rick Seltzer • April 4, 2022 -
Deep Dive
Free college didn't die with federal inaction. It moved.
Free college's momentum shifted from the federal level to state and local programs, signaling the movement's durability. How will it change institutions?
By Lilah Burke • April 4, 2022 -
The image by Mark Gordon is licensed under CC BY-SA 4.0
Lincoln College, a predominantly Black institution, to close in May
The 157-year-old private nonprofit in Illinois said the pandemic and a cyberattack exacerbated existing enrollment challenges.
By Jeremy Bauer-Wolf • March 31, 2022 -
Emergency microgrants help students graduate quicker, with less debt
A retention grant program at Georgia State helped students who were close to graduating but had financial challenges, report finds.
By Laura Spitalniak • March 31, 2022 -
Watchdog fines loan servicer $1M as feds say more crackdowns could follow
Edfinancial Services said in a new statement it opted to settle with the federal government to avoid "protracted and costly litigation."
By Jeremy Bauer-Wolf • Updated March 31, 2022 -
3 higher ed takeaways in Biden's $88.3B education budget for fiscal 2023
New proposal would hike the maximum Pell Grant, spend more on minority-serving institutions and fund workforce development at community colleges.
By Laura Spitalniak , Rick Seltzer • March 28, 2022 -
Months after plea, Bloomfield College will remain open with help from Montclair State U
The institutions are eyeing a merger after the private nonprofit MSI openly sought financial help amid pandemic-era enrollment declines.
By Jeremy Bauer-Wolf • March 24, 2022 -
Adidas creates paid affiliate program for more than 50K student-athletes
The effort allows any eligible student-athlete at an Adidas-partnered NCAA Division I university to become a paid affiliate brand ambassador.
By Cara Salpini • March 24, 2022 -
Yale to settle wellness program opt-out fee suit for $1.2M
AARP, which represented the plaintiff, was previously engaged in a yearslong legal battle with EEOC over the nature of its wellness program regulations.
By Katie Clarey • March 21, 2022 -
Earmarks tally $703M and counting for higher ed
We identified at least 400 line items that will go to colleges across the U.S.
By Jeremy Bauer-Wolf • March 18, 2022