Finance: Page 25


  • The Education Department's seal can be seen on a podium.
    Image attribution tooltip
    The image by U.S. Department of Education is licensed under CC BY 2.0
    Image attribution tooltip

    Direct student loans cost $311B more than Education Department’s estimates, federal watchdog says

    The program was supposed to create $114 billion in income but had an estimated price tag of $197 billion as of fiscal 2021.

    By July 29, 2022
  • A brick-and-glass building is wrapped in a blue sign reading "Eastern Gateway Community College Steubenville Campus."
    Image attribution tooltip
    Courtesy of Eastern Gateway Community College
    Image attribution tooltip

    Eastern Gateway reverses course amid Pell Grant fight: No new free college students

    Ohio community college can only use Pell funding for already-enrolled students amid questions of whether its free college program broke federal restrictions.

    By Rick Seltzer • July 28, 2022
  • A television monitor shows a U.S. Department of Education logo against a blue background.
    Image attribution tooltip
    The image by US Department of Education is licensed under CC BY 2.0
    Image attribution tooltip

    Eastern Gateway says it can restart free college program after Pell Grant debate

    After regulators last week said the program was illegal, the community college said it’s been told it can enroll new and returning students.

    By Rick Seltzer • July 27, 2022
  • A man wearing headphones looks at a laptop and writes in a notepad.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Online education's reputation jumps, survey says

    Nearly half of adults equated online and in-person quality, a liberal think tank finds. But respondents largely said online education should cost less.

    By Rick Seltzer • July 26, 2022
  • A notepad sits next to a laptop computer.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Last week's big number: 45,000 students

    A recap of last week's major higher ed news starts with a merger between National and Northcentral universities.

    By Higher Ed Dive Staff • July 25, 2022
  • New PASSHE Chancellor Daniel Greenstein speaks in 2019.
    Image attribution tooltip
    The image by Office of Gov. Tom Wolf is licensed under CC BY 2.0
    Image attribution tooltip

    Pennsylvania university system aims to boost enrollment by 20%

    A significant increase in state funding will help support the third phase of PASSHE’s redesign, which is underway.

    By July 22, 2022
  • Grey, four-story apartment buildings with trees in the foreground.
    Image attribution tooltip
    Permission granted by Fountain Residential Partners
    Image attribution tooltip
    Q&A

    Demand for student housing surges

    To meet growing enrollments, developers must build in contingencies for interest rate increases and lingering supply chain issues.

    By Leslie Shaver • July 22, 2022
  • Background of american one dollar bills
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Feds block free college program at Eastern Gateway Community College

    College leaders disagree with the move, which calls into question the Ohio community college's financial viability.

    By Rick Seltzer • July 21, 2022
  • The dome of U.S. Capitol is seen framed by trees.
    Image attribution tooltip
    Dan Zukowski/Higher Ed Dive
    Image attribution tooltip

    Another bipartisan federal bill targets income-share agreements

    Lawmakers for years have attempted to create rules for the controversial financial arrangements, which recent regulatory actions classified as loans.

    By July 20, 2022
  • Dollar bills and finance and banking on digital stock market financial exchange
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Here are the colleges receiving the last $198 million in coronavirus emergency relief

    This searchable chart shows institution names and the funding amounts they will receive.

    By Rick Seltzer • July 19, 2022
  • Image attribution tooltip
    The image by Slsmithasdfasdf is licensed under CC BY-SA 4.0
    Image attribution tooltip

    San Francisco Art Institute shuts down after merger collapses

    The institution would have joined with the University of San Francisco, the second time such a deal was attempted.

    By July 18, 2022
  • Brick buildings and fall foliage appear on Otterbein University's Campus.
    Image attribution tooltip
    Courtesy of Otterbein University
    Image attribution tooltip

    Otterbein, Antioch plan national private nonprofit university system

    The colleges are seeking additional affiliates for a planned nationwide system based on shared values, graduate programs and adult education.

    By Rick Seltzer • July 14, 2022
  • $100 bills fan out on top of each other.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    How much federal coronavirus relief funding has gone to colleges in each state?

    This searchable chart shows state totals under the American Rescue Plan and all three rounds of the Higher Education Emergency Relief Fund.

    By Rick Seltzer • July 13, 2022
  • US Department of Education building in Washington, DC
    Image attribution tooltip
    The image by Farragutful is licensed under CC BY-SA 4.0
    Image attribution tooltip

    244 colleges to split final $198M in coronavirus relief funding

    The new round of funding comes from the American Rescue Plan, the last of three pieces of legislation allocating pandemic relief money for higher ed.

    By Rick Seltzer • July 13, 2022
  • Image of college campus gate, closed.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Wave Leadership College, a nonprofit religious institution, closes

    Declining enrollment through the coronavirus pandemic and a subsequent need to fundraise more caused the Virginia college's demise, officials said.

    By July 12, 2022
  • Image attribution tooltip
    The image by Office of Governor Tom Wolf is licensed under CC BY 2.0
    Image attribution tooltip

    Pennsylvania system receives 'historic' $553M in state funding

    In addition to the nearly 16% increase in operating money, lawmakers gave PASSHE a one-time $125 million in federal aid.

    By July 11, 2022
  • Cash dollars lying on the ground
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Last week’s big number: 2.8%

    A recap of last week's major higher ed news calls attention to public colleges losing net tuition revenue per student.

    By Higher Ed Dive Staff • July 11, 2022
  • Close up of a person using a calculator and reading paper document about business data.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Researchers could only collect asset manager diversity data for 16 of 50 wealthy colleges

    More than two-thirds of the wealthiest 25 private and 25 public colleges declined to share their asset manager rosters for analysis.

    By July 7, 2022
  • Pedestrians walk beside a stone wall with gilded letters spelling out "14 Wall Street."
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Public colleges' operating revenue rose 3.1% in 2021 despite lower net tuition

    Higher public funding and expense cuts helped overcome a 2.8% drop in net tuition revenue per student, according to a Moody's report on median data.

    By Rick Seltzer • July 6, 2022
  • Image attribution tooltip
    Drew Angerer via Getty Images
    Image attribution tooltip

    Excelsior Scholarship's fine print limits recipient numbers, report finds

    A study of New York's free college program at CUNY found strict eligibility rules are likely limiting takeup, especially among Black and Hispanic students.

    By Lilah Burke • June 28, 2022
  • Full-time faculty wages fell 5% after inflation, AAUP says

    Rising cost of living and low pay increases dragged the average 2021-22 salary below Great Recession levels, raising concerns about a talent drain.

    By June 22, 2022
  • Dartmouth College library
    Image attribution tooltip
    The image by Gunnar Klack is licensed under CC BY-SA 4.0
    Image attribution tooltip

    Dartmouth College replaces undergraduate student loans with grants

    The Ivy League institution will exclusively offer scholarships after more than 65 families committed about $80 million to eliminate loan requirements.

    By June 21, 2022
  • Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    Last week's big number: $113B

    A recap of last week’s major higher ed news shows how much state and local funding went to colleges across the country in 2021.

    By Higher Ed Dive Staff • June 20, 2022
  • Background of american one dollar bills
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Buoyed by federal aid, state higher ed funding rose by 4.5% in fiscal 2021

    But roughly 3% declines in enrollment and tuition revenue suggest continued turmoil, according to the State Higher Education Executive Officers Association.

    By June 14, 2022
  • A person holding a shopping cart stands in front of a row of refrigerators stocked with food at a grocery store.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    May inflation spike likely to prod Federal Reserve to more aggressive action

    May CPI data shows inflation rose 8.6% in the latest 12 months, its fastest in 40 years, extinguishing hopes inflation had reached its peak.

    By Grace Noto • June 13, 2022