Business

Criticism from the University of Arizona Faculty Senate has prompted one regent to take legal action against faculty as blame for the university’s financial crisis swirls.

Since going on accreditation probation in August, the University of Antelope Valley has lost its president, replaced part of employees’ salaries with stock options and now faces an eviction.

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.

Financial issues continue to mount for the beleaguered North Carolina HBCU, even as it awaits a looming decision on its accreditation status.

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

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.