Business issues

Virginia Intermont's campus sale begs questions of how colleges close accounts

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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 criticizes University of Louisville's relationship to foundation

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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 think tanks face tough road but continued interest

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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.

Leaders consider future of tiny liberal arts colleges

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Presidents of tiny liberal arts colleges work to make themselves heard above talk of mergers and large institutions.

Princeton settlement leaves door open for future tax exemption challenges

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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.

Chicago State struggles under questions of enrollment, finance, leadership

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“I just wonder how long we can go,” one faculty member at the financially struggling public university says.

Low endowment returns don't stop regulation push

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Endowment spending remains under scrutiny, even as low returns roll in this year for colleges with large investment holdings.

University of Wyoming faces more than a budget crunch

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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.

When a major donor can't complete a pledge

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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 faces liquidity (and strategy) questions

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Bard College takes (another) ratings downgrade on liquidity concerns. Can leaders keep defying the conventional financial wisdom?


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