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Photo illustration of piles of money.
Photo illustration of piles of money.

College Endowment Returns Ticked Up in Fiscal Year 2023

February 15, 2024

Thanks to strong public equity markets, endowment returns bounced back after falling last year. But they’re still a long way from the sky-high returns of FY 2021.

A photo of L. Song Richardson with text from her resignation letter overlaid.
A photo of L. Song Richardson with text from her resignation letter overlaid.

Constrained by the Presidency

February 13, 2024

Colorado College president L. Song Richardson is stepping down in order to “fully engage” in national debates in a way she feels unable to do in her current role.

A photo illustration of three white men over an academic building
A photo illustration of three white men over an academic building

Florida Atlantic Board Chair Resigns Amid Stalled Search

February 9, 2024

FAU’s search for a new president started in January 2023, but state officials suspended it in July, alleging missteps. Today the process remains stuck in limbo.

A photo illustration of court documents filed by Webster University.
A photo illustration of court documents filed by Webster University.

Webster Seeks to Unrestrict Endowment Funds

February 7, 2024

Beset by financial challenges, the university is seeking to reclassify $34 million in endowment funds to meet liquidity obligations for a $30 million loan.