institutionalfinance

Where will Sweet Briar's $85M endowment go?

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Now that it plans to close, Sweet Briar officials have to decide what to do with $85 million -- but laws and economic realities limit their choices.

Sweet Briar College will shut down

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UPDATE: Some see a courageous decision by a board that searched hard for alternatives. Others are dubious. Many wonder which other colleges are vulnerable.

Colleges with debt troubles are making new promises to investors

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Colleges with distressed debt are making new promises to delay financial ramifications from investors.

Endowment funds grew as donors and investments came through

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Healthy stock markets in the United States and abroad allowed colleges to spend more money from their endowment funds.

2014 is record year for higher ed donations

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Contributions to colleges and universities hit nearly $38 billion in 2014, making it the strongest year yet for charitable giving.

Wisconsin looks to cut higher ed by $300M, tries to give something in return

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Governor Scott Walker wants to remove $300 million from university system, and offers campuses more autonomy in return. But higher ed leaders say the trade isn't nearly enough to offset the cuts.

Higher ed spending up in most states, but recession still stings

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Spending on higher education is up in most states since last year, but half of states are still below their recession-era levels.

Georgia officials hope Georgia State U. can improve a local two-year college by taking it over

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In yet another merger in Georgia's university system, the emergent Georgia State will combine with struggling Georgia Perimeter to try to improve the two-year college. Is anyone getting a good deal?

A Long Island private college hopes to make it past next fall

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Dowling College's seventh president of the last 10 years hopes to be the one who can save it.

U. of Alabama at Birmingham sacks its football team citing costs

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The University of Alabama at Birmingham cites costs as it ends its football program in one of the country's most football-friendly states.

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