institutionalfinance

Can Cooper Union survive without tuition?

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An 18-member panel has a plan to save Cooper Union without charging tuition. The blueprint already has opponents inside the administration.

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. 

Private colleges remain under the weather

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At a number of small private colleges this year, disappointing enrollments have led to layoffs, program cuts, bond-rating downgrades and more.

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.

Pennsylvania's 14-university system feeling the pain of budget cuts and demographic shifts

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The Pennsylvania State System of Higher Ed has already cut academic programs and staff members; now it has to cut more programs and professors. 

Australian university employees weigh plan to tie raises to institutional performance

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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.

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.

Labor College, backed by the A.F.L.-C.I.O. for decades, closes because of finances

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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?

 

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.

Secret merger, now public, meets opposition in Georgia

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A plan to merge Kennesaw State and Southern Polytechnic in Georgia is running into opposition.

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