Finance: Page 22

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    New Jersey governor pushes financial responsibility package in wake of state college financial troubles

    Gov. Phil Murphy is proposing new auditing requirements and additional oversight authority for the state’s secretary of education.

    By Lilah Burke • Updated Jan. 21, 2023
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    "Macro shot of a 100 us dollar banknote" by Marco Verch is licensed under CC BY 2.0
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    Split outlook for strong vs. weak colleges in 2023, S&P finds

    Some institutions can likely weather a recession due to big balance sheets and student demand, but mergers and closures will likely pick up for others.

    By Rick Seltzer • Jan. 19, 2023
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    Permission granted by Presentation College
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    Presentation College in South Dakota plans to close

    The Catholic college's enrollment fell sharply in recent years. Leaders decided teach-outs are the "most responsible way" to help students get degrees.

    By Rick Seltzer • Jan. 18, 2023
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    The image by John Phelan is licensed under CC BY 3.0
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    Bay State College’s accreditation revoked amid accusations of mismanagement

    The for-profit institution has long been under scrutiny, with some students fearing a sudden closure. That now appears imminent.

    By • Jan. 18, 2023
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    Opinion

    Smarter benchmarking helps colleges thrive

    Comparing your college to others with the help of the right metrics can help meet stakeholders’ needs, writes the director of research at HelioCampus.

    By Ranjani Kirtane • Jan. 16, 2023
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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