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Turmoil Grows at Embattled California University
Since going on accreditation probation in August, the University of Antelope Valley has lost its president, replaced part of employees’ salaries with stock options and now faces an eviction.
Struggling Saint Augustine’s Hit With $7.9 Million Tax Lien
Financial issues continue to mount for the beleaguered North Carolina HBCU, even as it awaits a looming decision on its accreditation status.
Another Wave of Campus Cuts
Numerous colleges announced or completed plans to cut academic programs or jobs in February. Many of those institutions are in the Midwest—particularly Ohio.
Payroll Issues Prompt Canceled Classes at Saint Augustine’s
Columbia College Chicago President Steps Down
College Endowment Returns Ticked Up in Fiscal Year 2023
Thanks to strong public equity markets, endowment returns bounced back after falling last year. But they’re still a long way from the sky-high returns of FY 2021.
Donors Sue to Block Webster Endowment Reclassification
Webster Seeks to Unrestrict Endowment Funds
Beset by financial challenges, the university is seeking to reclassify $34 million in endowment funds to meet liquidity obligations for a $30 million loan.
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