Finance: Page 3
-
Stanford University expects layoffs in coming year
The private nonprofit is cutting $140 million from its budget as it grapples with “significant budget consequences” from federal policy shifts.
By Ben Unglesbee • June 27, 2025 -
Key higher ed provisions in reconciliation bill violate Senate rules, official finds
Expanding Pell Grants to short-term programs and consolidating student loan programs were among the proposals flagged by the chamber’s parliamentarian.
By Ben Unglesbee • June 26, 2025 -
The image by Jimmy Emerson is licensed under CC BY-ND 2.0
University of Connecticut eyes workforce cuts to manage funding shortfalls
Faced with cuts to state and federal funding, leaders are clamping down on hiring and reviewing temporary positions, along with other austerity measures.
By Ben Unglesbee • June 24, 2025 -
Tuition discounts at private nonprofits continue to climb, estimates show
Colleges have been giving larger aid packages to greater shares of students, the National Association of College and University Business Officers found.
By Natalie Schwartz • June 24, 2025 -
The image by afunkydamsel is licensed under CC BY-ND 2.0
Columbia College Chicago lays off 20 faculty members
The cuts come as the private nonprofit attempts to “invest in areas that correspond to strong student demand,” one official told the campus community.
By Ben Unglesbee • June 23, 2025 -
Temple University eyes job reductions amid $60M deficit for FY26
The public institution’s president said that enrollment is starting to rebound after a steep drop since 2017, but costs have increased much more quickly.
By Ben Unglesbee • June 20, 2025 -
Tennessee State operations get $96M boost from reallocated state funds
Tennessee's comptroller cited his confidence in the beleaguered university's current leadership team when signing the deal Tuesday.
By Ben Unglesbee • June 18, 2025 -
AAUP and AFT appeal after judge tosses lawsuit over canceled Columbia funds
The judge ruled that the unions lacked standing to sue and sided with the Trump administration’s case.
By Ben Unglesbee • June 17, 2025 -
Tennessee State raises tuition 6% amid budget stabilization effort
Even with the tuition hike, the public historically Black institution faces a nearly $39 million shortfall.
By Ben Unglesbee • June 16, 2025 -
University of Nebraska looks to cut another $20M from its budget
Amid state and federal funding challenges, the public Midwestern institution has already cut tens of millions of dollars in spending in recent years.
By Ben Unglesbee • June 13, 2025 -
North Carolina’s Guilford College scrambles for cash to keep its accreditation
Amid enrollment declines, the historically Quaker institution has until December to show its accreditor a balanced budget for the 2026 fiscal year.
By Ben Unglesbee • June 12, 2025 -
Northwestern freezes hiring and cuts budgets to combat ‘increasing strain’ on finances
The highly selective university faces funding threats from the Trump administration along with rising costs and proposed policy changes.
By Ben Unglesbee • June 11, 2025 -
The image by AlexiusHoratius is licensed under CC BY-SA 3.0
University of Minnesota eyes steep tuition hikes and budget cuts
The public institution aims to keep its budget balanced amid what its president described as “unprecedented challenges” in higher education.
By Ben Unglesbee • June 10, 2025 -
The image by MollyElliott77 is licensed under CC BY-SA 4.0
For-profit performing arts college in New York to close
The New York Conservatory of Dramatic Arts said it had exhausted “every possible alternative” prior to the decision to wind down.
By Ben Unglesbee • June 5, 2025 -
University of Idaho abandons plan to acquire University of Phoenix
Faced with opposition from the beginning, the state university and for-profit college ended negotiations.
By Ben Unglesbee • June 4, 2025 -
Retrieved from Wikimedia Commons.
‘Finally’: Keystone College completes merger with nonprofit
After a recent closure scare, the institution is continuing operations under the nonprofit Washington Institute for Education and Research.
By Ben Unglesbee • June 3, 2025 -
FY26 budget plan would slash maximum Pell Grant by nearly a quarter
The Education Department's proposal would also radically reduce funding for Federal Work-Study and require a bigger employer contribution.
By Ben Unglesbee • June 2, 2025 -
16 states sue National Science Foundation over wide-reaching research cuts
The lawsuit takes aim at the agency’s cap on indirect research costs and its mass termination of grants related to diversity, equity and inclusion.
By Ben Unglesbee • May 30, 2025 -
Harvard v. Trump
Trump administration moves to end Harvard University’s remaining federal contracts
Since mid-April, the federal government has cut off roughly $2.8 billion in multi-year grants and contracts to the Ivy League institution.
By Laura Spitalniak • May 28, 2025 -
How will Trump’s tariff policies impact college students?
Higher prices on essential items like computers, food and transportation could harm low-income students and jeopardize their academic track, experts say.
By Danielle McLean • May 27, 2025 -
The reconciliation bill cleared the House. Here’s how it would change higher ed.
Critics worry that the spending package, now headed to the Senate, would have a “historic and negative impact” on college access.
By Ben Unglesbee • May 22, 2025 -
The image by UMBCPA is licensed under CC BY-SA 4.0
Maryland regents allow furloughs and salary cuts for public universities
The state’s higher education system is facing big funding shortfalls at both the state and federal levels.
By Ben Unglesbee • May 20, 2025 -
New Jersey City University takes key step to become part of Kean University
The two public institutions signed a letter of intent Thursday outlining a plan that would transform NJCU into “Kean Jersey City.”
By Ben Unglesbee • May 16, 2025 -
‘Gross mismanagement’: Bacone College sent into liquidation
After filing for bankruptcy last year, a judge this week ordered its case to be converted into Chapter 7 after alarms raised by the U.S. trustee’s office.
By Ben Unglesbee • May 15, 2025 -
State and local funding for public colleges up 18% from pre-pandemic levels, SHEEO says
States could face hard budgetary decisions ahead as federal stimulus funding runs dry, the State Higher Education Executive Officers Association said.
By Ben Unglesbee • May 14, 2025