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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.

Jamestown Business College to Close

Jamestown Business College, a for-profit institution in New York founded in 1886, is no longer accepting students and plans to...
A graphic featuring a red arrow moving in a downward direction atop the word "BUDGET."
Opinion

‘Colleges on the Brink’

Broken budgets, not hostile takeovers, are the biggest challenge for most presidents, Michael T. Nietzel and Charles M. Ambrose write.

Bloomfield College of Montclair Drops 6 Sports

When struggling Bloomfield College was absorbed by Montclair State University in 2022, officials announced Bloomfield would keep its Division II...