institutionalfinance

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.

UNC institution looking at cutting physics, history, political science and more

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One North Carolina university, prodded by the state, may kill its history, political science and physics majors, among others.

Colleges slow tuition growth, but financial aid is not keeping pace, report shows

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Grant aid is not keeping pace with the cost of college, even as the rate of tuition growth slows, two new reports from the College Board show. 

Faculty-sharing experiment is working out the kinks

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A much-hyped faculty-sharing experiment among several small colleges seemed promising when it was announced a few years ago. But sharing isn't as straightforward at it seems.

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