institutionalfinance

Broken severance agreement leads to $4 million settlement

In 2015 College of DuPage trustees fired the president, refused to pay a $763,000 severance and dared him to file a lawsuit. He did. Now the college is settling for $4 million.

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Robert Breuder, an older white man wearing a business suit.

Cabrini University makes public appeal for partnerships

The Pennsylvania university is cutting administrative posts amid declining enrollment and a financial deficit. Now administrators are actively seeking partnerships.

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A lamppost with the blue and yellow Cabrini banner on its crossbar.

Endowment returns drop across higher education

Fiscal year 2021 brought booming returns to higher education endowments. But for many institutions, things look a lot less rosy this year.

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A composite photo showing stock prices and the Wall Street sign.

Montclair State and Bloomfield College move ahead on merger

Bloomfield announced last fall that it needed a strategic partner to remain viable. Montclair State University stepped up, and now a formal merger process is underway.

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Marcheta Evans, a Black woman wearing a red suit, speaks at a lectern in front of a Bloomfield College backdrop.

Two colleges flounder under opaque for-profit owners

Ambow Education purchased Bay State College in 2017 and the NewSchool of Architecture & Design in 2020. Now critics say both institutions are in shambles.

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An illustration of Benjamin Franklin's portrait from the $100 bill, with a downward-sloping line superimposed over it.

Public's growing concern about higher ed's value: Key podcast

Americans aren’t questioning the importance of higher education, but they’re concerned it is unaffordable and unavailable for too many people. Experts dig into the data.

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Sophie Nguyen, an Asian woman with dark hair, David Schleifer, a white man with glasses, and Rebecca Quadlin, a white woman with sandy brown hair.

A women’s college goes coed, enraging students and alumnae

Notre Dame of Maryland University abruptly announced it would begin admitting male undergraduates next fall to combat enrollment declines. Backlash from students and alumnae was swift.

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Student protesters hold signs that say "I'm with her," with arrows pointing at their fellow protesters.

From 3 struggling public colleges, a new university emerges

Enrollment declines, state underfunding and structural deficits created a crisis in Vermont’s college system. Rather than close campuses, a statewide hybrid institution aims to cut costs and build long-term legislative backing.

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New Jersey university faces scrutiny amid financial emergency

Governor Phil Murphy has called for an investigation into New Jersey City University's dramatic change in financial standing, which led NJCU to declare a financial emergency.

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College Endowment Returns Down in New Report

New data shows college endowment returns are down after a banner year in 2021. Experts say the returns says more about a difficult year for the market than investment strategies.

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