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Another Bountiful Year of Big (and Small) Donations

Despite declining public support in some quarters and growing questions about the value and mission of higher ed, generous benefactors gave colleges $58 billion last fiscal year, according to a new survey.

A photo of UNC Greensboro's campus.

Another Wave of Campus Cuts

Numerous colleges announced or completed plans to cut academic programs or jobs in February. Many of those institutions are in the Midwest—particularly Ohio.

Payroll Issues Prompt Canceled Classes at Saint Augustine’s

Some professors at struggling Saint Augustine’s University have unilaterally canceled classes, citing payroll problems. Now administrators are reassuring students that...

Columbia College Chicago President Steps Down

Columbia College Chicago president and CEO Kwang-Wu Kim is stepping down after recent tensions with faculty members and with cuts...
Photo illustration of piles of money.

College Endowment Returns Ticked Up in Fiscal Year 2023

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.

Donors Sue to Block Webster Endowment Reclassification

Donors, including a former trustee, are suing to block Webster University from reclassifying endowment funds to meet the terms of...

$200 Million in Gifts for DePauw

DePauw University in Indiana has received $200 million to support liberal arts education, President Lori White announced Wednesday. An anonymous...
A photo illustration of court documents filed by Webster University.

Webster Seeks to Unrestrict Endowment Funds

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