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Whether colleges file for bankruptcy or wind down in other ways, closing is a complex, costly affair -- and the process doesn’t assure any support for professors or employees who may have worked without pay.
State audit finds fault with management structure and decisions under former president, who responds that auditors failed to consider Louisville's "amazing academic trajectory."
University-affiliated research centers face a fight for funding and an assault on experts, but few think institutions will be able to resist future ventures.
Presidents of tiny liberal arts colleges work to make themselves heard above talk of mergers and large institutions.
Princeton agrees to pay millions to local taxpayers to get them to drop a lawsuit, but the principles could surface elsewhere -- and again at Princeton in six years.
“I just wonder how long we can go,” one faculty member at the financially struggling public university says.
Endowment spending remains under scrutiny, even as low returns roll in this year for colleges with large investment holdings.
A new president fights to juggle a budget crunch with other major initiatives while faculty members worry about institutional direction and spending on big-ticket items.
A medical school building keeps its name at Marian University in Indianapolis, even after the man it's named for can't fulfill a $48 million pledge.
Bard College takes (another) ratings downgrade on liquidity concerns. Can leaders keep defying the conventional financial wisdom?
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