Budget Cuts

Business group ranks states on effectiveness of public colleges

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U.S. Chamber of Commerce ranks public higher education in state-by-state report card that measures "return on investment." Good data and transparency are lacking among public colleges, group says.

California community colleges cut back on course repeating

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Amid a financial crisis, California's community college system proposes an end to students repeating courses they've already passed, particularly physical education and arts courses.

Cooper Union will charge for some programs so three undergraduate programs can remain free

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Cooper Union, tuition-free for more than a century, will keep its traditional undergraduate divisions free by cutting expenses and charging for some new programs.

Indiana revamps performance funding, focusing on first-year completion

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Indiana revises its performance-funding formula, putting new emphasis on progress toward degree, but not all institutions see an equal shot at the money.

Valencia College wins first Aspen Prize

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Valencia College wins inaugural Aspen Prize for Community College Excellence, another sign that foundations and lawmakers are emphasizing completion rates for community colleges.

Report finds literary research an inefficient use of university money

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A new paper by an English professor argues that literary research, much of which is rarely cited, is not an efficient use of university resources.

Study says colleges pay a price for humanities support

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Study suggests that private colleges with many such programs may pay a price in tuition and research revenues.

Colleges place more emphasis on liquidity and tracking it

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In the wake of credit crisis, universities have improved liquidity and developed new tools to manage money and communicate financial decisions.

Drake fund-raising campaign on track despite breaking rules

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Despite an unconventional structure and a public launch in the middle of the economic downturn, Drake U. administrators are hopeful for outcome of $200 million campaign.

2011 endowment returns near pre-recession levels

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Preliminary data show endowment gains approaching pre-recession levels, with wealthy institutions sticking to their high-risk, high-reward investment strategies.


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