Finance: Page 3
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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 -
The image by Jwrandolph is licensed under CC BY-SA 3.0
Birmingham-Southern College campus sale falls through
Miles College asked to extend a purchase agreement for the property, but trustees of the shuttered college said they must sell the campus quickly.
By Ben Unglesbee • Nov. 27, 2024 -
Explore the Trendline➔
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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 -
Saint Augustine’s University cuts its workforce in half to shore up finances
The North Carolina institution is on probation with its accreditor as it tries to stabilize its operations.
By Ben Unglesbee • Nov. 25, 2024 -
Cal Maritime and Cal Poly set to merge
A new report from California State University leaders said the nautical college faces a "dire, binary choice": Partner with another university, or close.
By Ben Unglesbee • Nov. 22, 2024 -
The image by Emmmmh is licensed under CC BY-SA 4.0
As Anderson University struggles with deficits, Fitch’s outlook turns negative
The Indiana-based nonprofit has tried to pad budget gaps with asset sales and other moves.
By Ben Unglesbee • Nov. 21, 2024 -
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Drexel University to cut 60 staffers
More than 150 additional employees have accepted buyout offers from the private Philadelphia institution.
By Ben Unglesbee • Nov. 21, 2024 -
The image by Stepanstas is licensed under CC BY-SA 3.0
Fitch raises outlook for New Jersey City University
After facing a steep fiscal hole in 2022, the institution has made painful cuts under state supervision to stabilize its finances.
By Ben Unglesbee • Nov. 18, 2024 -
Tennessee State stayed afloat thanks to a $43M injection from the state. What comes next?
The public institution faces a fiscal crisis after past years of mismanagement and a history of underfunding from Tennessee.
By Ben Unglesbee • Nov. 18, 2024 -
Retrieved from Twitter on November 12, 2024
Christian Brothers University says its poised to come off accreditor probation
Facing a multi-million deficit, the private Catholic institution declared exigency and made major cuts. Now it says it’s on track to bank a surplus.
By Ben Unglesbee • Nov. 12, 2024 -
University of Akron braces for workforce cuts
The public Ohio institution’s president said that rising expenses and cuts in state appropriations have weighed on its budget.
By Ben Unglesbee • Nov. 5, 2024 -
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States are taking on fewer college costs. Who is picking up the bill?
The gap between what states and students pay toward higher ed shrunk from 2008 to 2022, the State Higher Education Executive Officers Association found.
By Ben Unglesbee • Nov. 5, 2024 -
The image by Webster University is licensed under CC BY-SA 3.0
Webster University to close its military campuses
A decade ago, the nonprofit based in Missouri had over 40 locations on bases. Now, it is shuttering its last nine.
By Ben Unglesbee • Nov. 1, 2024 -
Ohio’s Central State University placed under fiscal watch
Although enrollment remains strong, the historically Black institution has struggled with rising costs and the end of federal pandemic relief funds.
By Ben Unglesbee • Oct. 29, 2024 -
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Connecticut governor seeks probe into college system after ‘controversial spending’
The request follows a news investigation finding the Connecticut State Colleges and Universities’ leader spent public money on pricey meals and chauffeurs.
By Natalie Schwartz • Oct. 29, 2024 -
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The college affordability gap shrank during the pandemic, research suggests
National College Attainment Network research largely credits pandemic relief for the improvement, though that money has since dried up.
By Danielle McLean • Oct. 29, 2024 -
The image by Tgeorgiou is licensed under CC BY-SA 4.0
Metropolitan College of New York looks to sell main campus amid financial woes
The private college plans to sell the space “either in whole or in part” as part of an agreement with bondholders allowing it to delay a $1.7 million payment.
By Natalie Schwartz • Oct. 28, 2024 -
Tero Vesalainen via Getty Images
Low-income students work more amid rising college costs, analysis finds
Three-fourths of students from lower-income families worked by 2008, averaging 20 hours per week or more, a Brookings Institution report found.
By Ben Unglesbee • Oct. 24, 2024 -
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Vanderbilt University gets approval for $520M Florida graduate campus
The Tennessee university's expansion into West Palm Beach would bring billions in resources to the area, it said.
By Ben Unglesbee • Oct. 23, 2024 -
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Net tuition ticks up 2% at private colleges, declines at public institutions
The College Board found the price students pay after aid is still well below pre-pandemic levels even as sticker prices rise.
By Ben Unglesbee • Oct. 23, 2024 -
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Saint Louis University lays off 23 staffers, eliminates 130 positions
The private Catholic institution said the cuts were necessary to meet a commitment to reduce expenses by 4% and balance its budget
By Ben Unglesbee • Oct. 21, 2024 -
Nearly 90 Portland State University faculty face potential layoffs
The public university’s AAUP chapter has criticized leadership for turning to job cuts while spending on construction and has questioned its budget stance.
By Ben Unglesbee • Oct. 17, 2024 -
Western Washington University to nix about 55 jobs amid $18M budget cut
The public institution blamed the structural deficit in part on “lingering pandemic revenue shortfalls,” salary increases and inflation.
By Ben Unglesbee • Oct. 16, 2024 -
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Financial pressure grows for colleges, Fitch says
The credit ratings agency pointed to fluctuating demand and high costs for institutions, among other challenges.
By Ben Unglesbee • Oct. 15, 2024 -
Ben Unglesbee/Higher Ed Dive
The fallout: A two-part look at the University of the Arts’ closure and legacy
Higher Ed Dive traveled to Philadelphia to chronicle the lasting impact of a beloved arts education institution’s sudden demise.
By Ben Unglesbee • Oct. 14, 2024 -
3 Virginia universities face some viability risk
Radford University, University of Mary Washington and Virginia State University have struggled with enrollment or pricing challenges, or both.
By Ben Unglesbee • Oct. 10, 2024
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