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December Brings Late Round of Job, Program Cuts
Fiscal challenges of 2024 will extend into the new year with several institutions announcing plans to drop jobs and programs due to structural deficits.
Brown Faces $46 Million Budget Deficit
What 3 Ratings Agencies Project for Higher Ed in 2025
Recent reports from Moody’s Ratings, S&P Global and Fitch Ratings—taken together—offer a mixed outlook for the sector, particularly small, cash-strapped institutions.
Report: U of Wisconsin System Paid Huron $51M From 2019–23
The Year in Closures and Mergers
At least 16 nonprofit institutions announced closures this year as the sector grapples with enrollment challenges and financial pressures. Various others merged.
Tennessee State Interim President Resigns Under Pressure
Ronald Johnson steps down amid tensions with the Board of Trustees and ongoing efforts to restore the university’s financial health.
Saint Augustine’s Denied Accreditation, Plans to Appeal
Financial Woes and Finger-Pointing at Tennessee State
The historically Black land-grant university is hurting for cash and making significant cuts. State lawmakers blame former administrators for the financial woes, while former administrators blame chronic state underfunding.