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Financial Mismanagement Prompts Pay Cuts at Averett
Senior leaders at Averett University are taking pay cuts and some employees are having their work week reduced to four...
Pennsylvania Campuses Hit Hard by June Job Cuts
Beyond enrollment declines, colleges have cited the fallout of pro-Palestinian protests, the botched FAFSA rollout and debt as drivers of recent job and program cuts.
FAFSA Fiasco Forces Cuts at Small Colleges
Many small private colleges are surviving quarter to quarter, narrowly avoiding sweeping budget cuts. The bungled FAFSA rollout pushed some over the edge.
Questions Linger After Penn State Buyouts
Faculty argue the “voluntary separation” plan was rushed, and question the new regional leadership model that requires some chancellors to juggle multiple campuses.
Chegg Cuts a Quarter of Workforce Amid AI Pressure
The educational technology company Chegg, known for offering students homework help, announced on Tuesday it will cut nearly a quarter...
Alverno Declares Financial Exigency, Will Cut Programs and 37 Jobs
Alverno College’s Board of Trustees voted Friday to declare financial exigency, an emergency step that allows strained institutions to restructure...
A Rough Month for Campus Cuts
The end of the academic year brought announcements of job and program cuts at many institutions. Some colleges are eliminating dozens of jobs to reduce operating costs.
Cal State Officials Urge Integration of Two Campuses
California State University officials announced Wednesday the system has recommended the “integration” of two institutions for “fiscal sustainability” and better...