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Universities See Sluggish Endowment Returns

Endowments boomed in fiscal year 2021 but returns have since fallen. Fiscal year 2023 brought minimal growth for most of the nation’s top endowments.

Photo illustration of University Arizona's campus and UA president Robert Robbins

University of Arizona Miscalculated by Millions

UA has much less cash on hand than the Board of Regents requires. The faculty is accusing the administration of financial mismanagement.

Magdalen College Announces Closure

Magdalen College of the Liberal Arts, a small Catholic institution in New Hampshire, will close at the end of the...

2 Pacific Northwest Universities Call Off Merger

A planned merger between National University of Natural Medicine and Bastyr University is off, with the two institutions unable to...

Texas A&M to Pay Record $75 Million to Buy Out Coach

Texas A&M University’s governing board agreed Sunday to pay $75 million to buy out the remaining years on the contract...
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Colleges Predict Tuition Increases, Layoffs Under Proposed Overtime Rule

The Biden administration wants to dramatically expand employees’ eligibility for overtime. Supporters say that’s only fair. Institutions say it will cost them millions.

A pair of scissors lying atop a piece of paper, cut in half, with the word "COST."

To Change the Financial Model, Look to Academics

It’s the CAO—not the CFO—who is best positioned to bring meaningful change to the financial model, Carol A. Moore writes.

A street scene of McGill University in Montreal

The Latest on Campus Cuts

McGill University in Canada could cut hundreds of jobs due to projected enrollment losses, while other institutions are weighing much smaller reductions.