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As Moody's points out the college's financial vulnerabilities – such as cash on hand to last 2 weeks – President Leon Botstein sticks with his philosophy of spending the money he raises.
While Temple attributes the decision to cut seven teams to other issues, it is one of many universities that have cut Olympic sports while upping spending on football.
An 18-member panel has a plan to save Cooper Union without charging tuition. The blueprint already has opponents inside the administration.
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.
At a number of small private colleges this year, disappointing enrollments have led to layoffs, program cuts, bond-rating downgrades and more.
New Knight Commission database enables comparisons (at college and conference level) of sports expenditures per athlete with academic expenditures per student.
The Pennsylvania State System of Higher Ed has already cut academic programs and staff members; now it has to cut more programs and professors.
Employees at an Australian university will vote this week on a proposal to tie their raises to the university's financial results, with a bonus pool possible.
The University of Michigan is trying to save millions on staff costs, using an increasingly popular strategy, but faculty are unhappy.
A union-backed college is forced to shut down. To blame: debt on campus renovations, online effort that didn't work, and waning support from organized labor. Are there lessons for other colleges?
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