For months, top administrators at Birmingham-Southern College believed they had weathered the economic downturn reasonably well.
Then, this spring, an audit revealed the truth: years of financial mismanagement and accounting errors had allowed the small college to operate for years while spending millions of dollars more than it actually had in its budget.
It's no surprise that universities have been eliminating extras in order to tighten budgets, but getting rid of toilet paper might really stink. Texas A&M University, which is trying to cut $60 million campuswide, hopes to save $82,000 by ceasing to stock the bathroom essential in dormitories.
“We looked at what areas can we cut and not negatively affect our students’ academics, and it was that,” said Sherylon Carroll, associate vice president for communications.
The University of California campuses are known for top doctoral programs, but two new reports on graduate students suggest that the state's financial problems are posing dangers to that reputation.
A new report from the university system shows that graduate students are unhappy with housing affordability, the amount of financial support the university provides, and the support’s type and duration.
This coming academic year, when nearly all of California’s 72 community college districts are either cutting classes or keeping their numbers level despite unprecedented demand, one district is bucking the trend and adding classes. But it is taking a significant risk in doing so with one-time money — without knowing whether it will be able to maintain the funding to make the additions permanent.