Finance: Page 3
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Retrieved from Albright College on January 22, 2025
Albright College moves to borrow from endowment to stay afloat
The Pennsylvania nonprofit has also cut faculty, staff and programs as it tries to stem deficits and enrollment declines.
By Ben Unglesbee • Jan. 23, 2025 -
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Hampshire College president to depart after yearslong turnaround push
Ed Wingenbach is set to take the helm of the American College of Greece after leading the Massachusetts nonprofit back from the brink.
By Ben Unglesbee • Jan. 22, 2025 -
Explore the Trendline➔
zimmytws via Getty Images
TrendlineCollege finances in a rapidly changing sector
Colleges are increasingly tightening their belts and pursuing alternative revenue sources amid declining enrollment and increased competition.
By Higher Ed Dive staff -
"University of New Orleans Gate Plaque" by Result02 is licensed under CC BY-SA 4.0
University of New Orleans turns to furloughs to plug $10M budget hole
Officials at the public institution blamed falling enrollment, rising costs and a culture of nonpayment among students for ongoing financial woes.
By Ben Unglesbee • Jan. 21, 2025 -
Ben Unglesbee/Higher Ed Dive
University of the Arts unloads 2 buildings for $10.3M in auctions
The nonprofit Curtis Institute of Music beat out a local real estate developer and Temple University for one of the shuttered arts college’s iconic buildings.
By Ben Unglesbee • Jan. 16, 2025 -
The image by Marcus Qwertyus is licensed under CC BY-SA 3.0
Webster University touts financial turnaround
A year and a half ago, the private Missouri institution’s sustainability was in doubt. But enrollment increases have led to steep improvements in its finances.
By Ben Unglesbee • Jan. 16, 2025 -
Ben Unglesbee/Higher Ed Dive
Pennsylvania AG argues Temple should win bid for UArts building
Attorney General Michelle Henry said Temple University's bid should take priority over a $6.5 million offer from a Philadelphia real estate developer.
By Ben Unglesbee • Jan. 15, 2025 -
Kevork Djansezian via Getty Images
California university systems warn of dire effects from governor’s proposed cuts
California State University and University of California would see hundreds of millions of dollars in reduced funds in the governor's latest budget proposal.
By Ben Unglesbee • Jan. 13, 2025 -
Ben Unglesbee/Higher Ed Dive
University of the Arts lands $8.3M in bids for 2 buildings
A Philadelphia real estate player and area theater nonprofit are among the first buyers to step up for the closed arts college’s iconic properties.
By Ben Unglesbee • Jan. 10, 2025 -
State AG looks to halt $1.9M payment to Western New Mexico University president
Joseph Shepard resigned amid scrutiny over his spending of university money. The attorney general called his severance package “a gross misuse of funds.”
By Ben Unglesbee • Jan. 7, 2025 -
The image by Wnmunews is licensed under CC BY-SA 3.0
Top regents at Western New Mexico University depart amid state scrutiny
Gov. Michelle Lujan Grisham called for the entire board to resign after a state audit found "a concerning lack of compliance" with university spending policies.
By Ben Unglesbee • Jan. 6, 2025 -
Rick Seltzer/Higher Ed Dive
Q&AHow NACUBO is helping colleges navigate choppy financial waters
Top leaders of the National Association of College and University Business Officers share how they hope to reenvision the role of college executives.
By Ben Unglesbee • Jan. 6, 2025 -
Courtesy of Keystone College
Keystone College staves off accreditation loss for now
The financially troubled Pennsylvania nonprofit will retain its status as its accreditor hears its appeal.
By Ben Unglesbee • Jan. 2, 2025 -
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Audit sheds light on state-issued credit card misuse in the Connecticut college system
Chancellor Terrence Cheng showed poor judgment when using an institutional credit card to make purchases but didn't violate system policy, the audit found.
By Ben Unglesbee • Dec. 19, 2024 -
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Brown University to slow faculty, staff growth as it attacks $90M budget hole
The Ivy League institution is rolling out several measures to tackle the deficit over the next five or so years, officials said.
By Ben Unglesbee • Dec. 18, 2024 -
The image by Mireiacardona is licensed under CC BY-SA 4.0
Columbia College Chicago to cut 11 programs, up to 25 faculty jobs
A finalized plan to pare down and consolidate the private nonprofit’s offerings is meant to “keep our college competitive,” its president said.
By Ben Unglesbee • Dec. 18, 2024 -
Permission granted by University of the District of Columbia
Deep DiveInside University of the District of Columbia’s plan to transform
The historically Black college — Washington's only public university — wants to widen its appeal and raise its profile.
By Ben Unglesbee • Dec. 17, 2024 -
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College operating costs rose 3.4% in fiscal 2024
Commonfund Institute’s latest Higher Education Price Index shows that cost spikes slowed — but that doesn’t make them any less painful.
By Ben Unglesbee • Dec. 16, 2024 -
Saint Augustine’s University fights for its accreditation — again
The struggling private nonprofit said it plans to appeal a vote to remove its accreditation by SACSCOC for the second time in roughly a year.
By Ben Unglesbee • Dec. 11, 2024 -
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How will colleges fare financially in 2025? It depends.
While some institutions will be in a strong position, S&P and Moody’s both pointed to operating and financial challenges for others.
By Ben Unglesbee • Dec. 9, 2024 -
Seattle University plans to acquire arts college
Cornish College of the Arts, in Washington, would retain its campus and be renamed under the Catholic university's banner, the institutions announced.
By Ben Unglesbee • Dec. 6, 2024 -
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College closures could increase sharply in the face of the demographic cliff
A new model for predicting financial failures from the Philadelphia Fed aimed to produce the most accurate forecasting to date of at-risk colleges.
By Ben Unglesbee • Dec. 5, 2024 -
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No letup in financial pressure on colleges in 2025, Fitch says
A declining body of first-year students, uncertain international enrollment and high costs are weighing on many institutions, the ratings agency said.
By Ben Unglesbee • Updated Jan. 14, 2025 -
Vladimir Vladimirov via Getty Images
How equitable is funding for public colleges?
Colleges with low shares of students of color receive the highest levels of funding, research finds.
By Ben Unglesbee • Dec. 4, 2024 -
Union raises alarm about looming layoffs and course cuts at University of Michigan-Dearborn
Final decisions are expected later this month on changes that could come before the winter semester.
By Ben Unglesbee • Dec. 3, 2024 -
Courtesy of Keystone College
Keystone College could lose accreditation after MSCHE vote
Middle States Commission on Higher Education found that the Pennsylvania institution failed to show it can sustain itself.
By Ben Unglesbee • Nov. 27, 2024
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