Business / financial management

Merger talks between Montreat College and Point University suddenly collapse

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A deal to merge two Christian colleges in the South collapsed. It's not entirely clear why Montreat College and Point University weren't meant for each other, but many at Montreat agree it's a good thing.

Grand Canyon University wants tax breaks as it expands in Arizona

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Grand Canyon University, an Arizona-based for-profit higher ed provider, is asking the state legislature for tax breaks as it expands.

College work forces grew but not as fast as enrollment

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Study documents that growth in higher ed hiring in recent years has failed to keep pace with enrollment increases, and challenges idea that tuition increases can be blamed on professors' pay.

Brandeis changes compensation policies after $5 million payout to ex-president

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As Brandeis announces a jaw-dropping payout to its former president, the university also says it has changed compensation rules in ways that might prevent a future payment of that size.

Yeshiva, which has junk bond finances, isn't going anywhere, professors say

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Yeshiva's finances look bad, but some faculty members there do not despair.

Consumer bureau calls on financial institutions to disclose debit card agreements with colleges

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U.S. consumer bureau officials call on financial institutions to disclose the agreements they have with colleges to provide students with debit cards. The lack of transparency constitutes a "risky practice," agency's director says. 

New database allows users to compare sports and academic spending

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New Knight Commission database enables comparisons (at college and conference level) of sports expenditures per athlete with academic expenditures per student.

U. of Michigan tries to save money on staff costs, but meets faculty opposition

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The University of Michigan is trying to save millions on staff costs, using an increasingly popular strategy, but faculty are unhappy.

Endowment returns, negative in 2012, return to double digits

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A year ago, endowment investment returns were in the red, now they are nearly 12 percent. But it's unlikely to last.

Two years after dramatic price drop, Sewanee's tuition has climbed back up

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Sewanee got a lot of attention for dropping its sticker price in 2011. Now it's back up. 

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