institutionalfinance

State funds for higher education fell by 7.6% in 2011-12

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Continued economic strain and expiration of stimulus funds drove 7.6 percent drop in aid to higher education in 2011-12, the largest in more than 50 years, annual study finds.

New investment fund to help traditional colleges take ideas to scale

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New $100 million investment aims to fuel innovation by nonprofit higher ed; first projects focus on Hispanic students and online education in Europe.

Calls for major reform of college sports unlikely to produce meaningful change

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From The Atlantic to sports radio, talk of a "crisis" in big-time college athletics is rampant. If you pay attention to history, the likelihood of transformative change is tiny. Unless ...

Georgia university system proposes consolidation of 8 campuses

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The recession opened the door for the University System of Georgia's proposal to consolidate eight campuses. It still won't be easy.

Law schools gather in DC for annual conference

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The Association of American Law Schools gathers in Washington today, but with few mentions of the crisis in legal education on the agenda.

Cornell and Technion's win in New York competition reflects desire to grow urban ties

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Cornell's victory in New York City competition, and its intense desire to win, show the importance of urban ties for the future of research universities.

U of Wisconsin at Madison to Cut 400 Jobs

The University of Wisconsin at Madison plans to cut 400 positions and drastically trim its budget, a response to Republican Governor Scott Walker's plan to cut $300 million from the UW system over the next two years. In a blog post on Friday, Madison Chancellor Becky Blank said the university is facing a "structural deficit that may be as much as $96 million as a result of state budget cuts in the upcoming year." Meanwhile Walker, a possible contender for the Republican presidential nomination, said earlier this week that the state might reduce funding less than originally planned, according to The Milwaukee Journal Sentinel.

Catholic U of America Orders Layoffs and Buyouts

Catholic University of America has eliminated 37 positions through buyouts and layoffs, The Washington Post reported. The university is trying to cut costs in the wake of declining enrollment in its law school and architecture school.

 

Report: Wealthiest Colleges Get More Wealthy

A report being issued today by Moody’s finds that the wealthiest American colleges and universities are getting wealthier at a faster rate than other institutions, The Wall Street Journal reported. This is largely a continuation of a longtime trend. The wealthiest institutions are elite universities that attract large donations and use sophisticated investment strategies that rarely are available to institutions with small endowments. The new Moody's report says the wealthiest 10 universities in fiscal 2014 held almost one-third of cash and investments at four-year colleges and universities, while the top 40 had two-thirds.

Ohio State's Newark Campus Will Eliminate Athletics

Ohio State University at Newark is planning to eliminate varsity athletics programs, The Newark Advocate reported. Officials cited the need to cut costs at a time of declining state support. The university currently has six varsity teams.

 

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